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Charging rent: should you charge your teens and young adults rent and, if you do, what's the best way to go about it?

Charging rent: should you charge your teens and young adults rent and, if you do, what's the best way to go about it?

FromParenting teenagers untangled. ? Award-winning podcast for parents of teens and tweens.


Charging rent: should you charge your teens and young adults rent and, if you do, what's the best way to go about it?

FromParenting teenagers untangled. ? Award-winning podcast for parents of teens and tweens.

ratings:
Length:
34 minutes
Released:
Nov 8, 2023
Format:
Podcast episode

Description

Becoming an adult involves responsibilities such as paying your way, and for some that starts at 18. One of the big debates for parents is whether teens and young adults who stay in the family home 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. 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. 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? We talk about how we got where we are, 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-beThanks for listening. Please hit the follow button if you like our 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.Our website has a blog, searchable episodes, and ways to contact us:www.teenagersuntangled.comSusie is available for a free 15 minute consultation, and has a great blog:www.amindful-life.co.uk
Released:
Nov 8, 2023
Format:
Podcast episode

Titles in the series (89)

Teenagers Untangled is an audio hug for parents going through the teenage years, made by two mums with a background in coaching. When our kids are little there are lots of ways in which we can meet up with other parents to share, and laugh about our problems, whether at the school gates or playgroups. But once they head off to senior school those regular points of contact with other parents fall away, and the problems can be more difficult. That’s why we started this podcast, to chat about what it takes to raise a teen, and hopefully have a bit of light relief along the way. For more discussion and tips, you can find us on Facebook and Instagram. Find courses with Susie at https://susieaslimindfulness.co.uk/