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Specifically at your parents. Or, at what age did you charge your kids rent?
My dad was satisfied with school and a job so I didn’t pay rent until I moved out of his house.
 
Posts: 1246 | Registered: July 14, 2010Reply With QuoteReport This Post
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No rent at home as a kid. But I did have assigned chores, as well as the expectation that I would help out on other stuff when requested without complaint.

I left home at 17 to go to college, and was on the hook from then on for my own rent at my dorm, and later apartment.
 
Posts: 33558 | Location: Northwest Arkansas | Registered: January 06, 2008Reply With QuoteReport This Post
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Never paid rent at home, but did pay my share of the car ins & cell bill.

Started paying someone else rent in college when I moved, about halfway through.




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Posts: 16344 | Location: Spring, TX | Registered: July 11, 2011Reply With QuoteReport This Post
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quote:
I left home at 17 to go to college, and was on the hook from then on for my own rent at my dorm, and later apartment.



Same. I spent the first three years in the dorm (which is kinda rent, as I was paying for it), then got married at 20 the summer between my Jr. and Sr. year. We rented an on-campus apartment for a year and three months. That was more of a traditional rent structure than the dorm. We had a lease agreement and paid monthly rent bills. Then we bought our house, and we've been here ever since.
 
Posts: 9637 | Location: In the Cornfields | Registered: May 25, 2006Reply With QuoteReport This Post
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I have never paid rent. Bought first house at age 26. Military or college dorm living prior. Rent is a waste of money.
 
Posts: 386 | Location: North Coast | Registered: October 31, 2010Reply With QuoteReport This Post
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My dad started charging rent to live at home as soon as I turned 18. It was good incentive for me to save all I could and bought my first house a few years later.
 
Posts: 9931 | Location: Northern Illinois | Registered: March 20, 2009Reply With QuoteReport This Post
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Never was asked to pay rent to my parents. There was a very brief period in my late teens/early twenties when I was working and living at home. I did contribute part of my wages for groceries, and did chores around the house, but there was no explicit requirement to do so. Moved out so I could sleep in the same bed as my girlfriend, something that my dad wouldn't allow under his roof. Yes, she was worth paying rent for.

So maybe started paying rent to a landlord at the age of about 22. A small two-bedroom house, not in particularly good repair, $185/mo. Rented until I bought the house I'm living in now in 1996.

Actually, I first paid rent in a group house in Ann Arbor Sophomore year, but my parent's were on the hook for the rent (I think I managed to pay a few months). I was working most of the time, but my spare cash had turned into beer before the rent was due.
 
Posts: 6975 | Location: NoVA | Registered: July 22, 2009Reply With QuoteReport This Post
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As happened with me, my kids lived rent free until they stopped going to school full time.






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I didn’t pay rent to my parents, but I did much more stuff around their house as an 18 year old. I moved out permanently at 22. Then I started paying rent. Rented until the year after I got married. Bought my first house and made house payments until 2013-ish. Don’t remember exactly which year we paid off the mortgage. Been real estate payment free ever since.



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Posts: 30050 | Location: Norris Lake, TN | Registered: May 07, 2008Reply With QuoteReport This Post
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Re: “When did you start paying rent?”
When I left school and moved to Minneapolis to start my first post-college job. I lived in an apartment with three other guys my age that worked for the same company.



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Posts: 9726 | Location: San Diego | Registered: July 26, 2014Reply With QuoteReport This Post
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Short answer:
Never paid a dime in rent.

SO...
Me and my brothers mowed yards and did other odd jobs and I worked one summer between by Junior and Senior years in High School for my Dad's construction company. I never played any sports... I worked!

I saved virtually all my money.

When I turned 18 and graduated HS I bought a condemned house to rehab and live in. I Bought a new 1973 AMC Gremlin and paid CASH for both plus $1,000 borrowed from my Dad that I worked off. Then I Married my HS Sweetheart.

The house was great, fixed up and then bought a bigger/newer but only half built and abandoned home to finish and move into. I rented the first house out. I also bought an old-ish mobile Home and rented it out. It paid for itself in 3 years. Later I sold the first house for 10 times what I had in it. (Lucky me, a developer wanted it!). Also sold the mobile home @ 100% profit. Those paid for the second house.

I was forced to replace wife #1 (her idea, she left me) She got nothing as I owned everything out-right before we Married. So I picked up a more useful model... 45 years and counting with this one.

The car did great until we outgrew it (three kids) so I traded it after 12 years.

So anyway you got a bunch of the story of the first half of my life... Whether you wanted it or not! LOL!



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Posts: 4226 | Location: Middle Tennessee | Registered: February 07, 2013Reply With QuoteReport This Post
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Never at home, but I was expected to help clean, cook, do yard chores, and help tend to my Grandmother while there. August '87, my first apartment (which was a converted garage outbuilding) was $250 a month. Rented for almost eleven years after that at a different place.
 
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Posts: 55351 | Location: Henry County , Il | Registered: February 10, 2004Reply With QuoteReport This Post
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In my early teens, I worked odd jobs and had my own $$$, so no rent was collected. 16 to 18 I was a pump jockey which also earned cash. Joined USAF at 18. No rent there either.


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Posts: 16620 | Location: Marquette MI | Registered: July 08, 2014Reply With QuoteReport This Post
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I rented a few VHS tapes every Thursday back in the '80s.

That's about it.



 
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At my parents house in 1973. I was 17 y.o. and got my first job. Rent was $40/mo. LOL
 
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As soon as I graduated High School and got a full-time job. Roughly July 1968 until I left for boot camp in February 1969.

A token amount that I doubt made any serious impact on my parent's finances, but enough to know that the Free Ride was over and I was expected to grow up.




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Posts: 15656 | Location: Downeast Maine | Registered: March 10, 2010Reply With QuoteReport This Post
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Never paid rent at home. Moved out when I was 17. Never charged my kids rent but I did change the locks when they left for college. Big Grin


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Posts: 887 | Location: in the PA woods | Registered: March 11, 2013Reply With QuoteReport This Post
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Yes, when I got out of high school in 1976 and got a full-time, minimum wage job, I paid my folks rent. I forget if it was $50 each month or $50 per semi-monthly paycheck. It would have been more, my dad said, but the job fed me lunch, so I earned a partial credit. I recall them giving me a set of dishes for the previous Christmas. Big Grin We (I'm the youngest of five) were always encouraged and supported to be independent. I moved out circa 1978.
 
Posts: 29126 | Location: Johnson City, TN | Registered: April 28, 2012Reply With QuoteReport This Post
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I paid a little rent during the summers of my junior and senior years when I was working full time at a lumberyard.

Don’t remember how much but it wasn’t a lot.

Was told when I graduated, I could live at home if I went to college but if I didn’t go to college I was to move out.

Also that there was no college money for me so I had to pay for college myself.

I moved out and went to college and worked to pay for it. College costs weren’t crazy like they are now.

I earned a soccer scholarship and that helped a lot.


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Posts: 3702 | Location: Nor Cal | Registered: January 25, 2011Reply With QuoteReport This Post
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