EPISODE · Nov 8, 2023 · 33 MIN
Should Adult Children Pay Parents Rent? The Pros, Cons and What Really Matters
from Parenting Teens Untangled - Realistic, science-backed teen & tween parenting advice · host Rachel Richards
Ask Rachel anythingIn an era where house prices have gone up, wages have stagnated, and young people are staying in the family home for longer, how do we manage the transition to adulthood whilst our young are still living at home? One of the big debates for parents is whether teens and young adults should pay rent. So when one of our listeners asked us to talk about it, we thought it would be a great topic for our club.It’s definitely one to think about well beforehand, because your attitude to it will become an important subliminal message to your teen.For some, seeing your child move out, or start to pay rent is a critical stage in growing up. For others, the idea of charging your teenager - or any member of your family - rent is an absolute no-go. In fact the age at which our kids leave home varies wildly in different cultures; even within the same continent. Across Europe the average age of leaving home is 26, but in Sweden and Denmark it's closer to 21 and in Croatia and Malta it's nearly 32. We discuss the concept of being a teenager, how different cultures think about the topic, and the pros and cons of charging rent. RESOURCES:https://www.100yearlife.com/ Living and working in the age of longevity.https://www.lboro.ac.uk/media/media/research/crsp/downloads/2019-family-sharing--a-mminimum-income-standard-for-people-in-their-20s.pdfhttps://www.verywellfamily.com/should-you-charge-your-teen-rent-4106963https://cafemom.com/parenting/we-make-our-teenager-pay-renthttps://www.professorshouse.com/charging-a-teenager-rent/https://www.newsweek.com/teen-asking-stepdad-pay-rent-house-reddit-1735656https://empeople.com/learn/empeople-insights/6-real-money-lessons-for-teenshttps://sc.lawforkids.org/speakup/view_question.cfm?id=134&page=3https://www.independent.co.uk/life-style/charge-children-rent-debate-tiktok-b2342234.htmlhttps://www.afr.com/life-and-luxury/health-and-wellness/why-you-should-make-your-adult-kids-pay-rent-to-live-in-your-house-20221219-p5c7hahttps://www.easternstandardtimes.com/episode/rent-is-too-damn-high-for-young-people-across-asiahttps://www.bbc.com/worklife/article/20220622-the-young-singaporeans-striking-out-on-their-ownhttps://www.bbc.com/future/article/20220124-why-teens-arent-what-they-used-to-behttps://www.wbur.org/onpoint/2023/02/06/why-more-americaSupport the showPlease hit the follow button if you like the podcast, and share it with anyone who might benefit. You can review us on Apple podcasts by going to the show page, scrolling down to the bottom where you can click on a star then you can leave your message. Please don't hesitate to seek the advice of a specialist if you're not coping. There's no shame in reaching out for support. When you look after yourself your entire family benefits.Find all the tips from the episdoe on Substack: My email [email protected] website has a blog, searchable episodes, and ways to contact meInstagramFacebook
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Ask Rachel anything In an era where house prices have gone up, wages have stagnated, and young people are staying in the family home for longer, how do we manage the transition to adulthood whilst our young are still living at home? One of the big debates for parents is whether teens and young adults should pay rent. So when one of our listeners asked us to talk about it, we thought it would be a great topic for our club. It’s definitely one to think about well beforehand, because your att...
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Should Adult Children Pay Parents Rent? The Pros, Cons and What Really Matters
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