Charging Your Kids Room and Board

by Ginger

My daughter, a recent college graduate, moved back home after graduation. She has a well-paying job and she’s living at home to build up her savings. She has no student loans. DH and I discussed that once DD starts working full time, she should contribute to household expenses, and we agreed on a monthly amount for room and board.

We broached the topic with DD a couple of months before she started her job. She was angry and offended. She’s reluctantly paying room and board while slowly getting used to the idea. She’s also finding out that some of her friends are paying room and board, too, as well making student loan payments.

DH and I both paid room and board for the short time that we lived at home after college. Totebaggers, did you pay room and board if/when you moved back home after college? Do you plan on asking your kids to contribute to household expenses if they live with you post-graduation?

My grown kid lives at home. How much rent should I charge?

Why you should consider charging your kids board

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