Yes ‘It prepares them for real life’

Jay Bhayani, 50, is a so­lic­i­tor and runs her own HR and em­ploy­ment law firm. She lives in Sh­effield with part­ner Alex, 52, son Mi­lan, 17, and daugh­ter Asha, 14.

Woman's Own - - REAL LIFE DEBATE -

We have a rule, while the kids are in ed­u­ca­tion, they don't have to con­trib­ute, but if they have a job and live at home, I ex­pect them to pay board. So, when Mi­lan started work­ing at Tesco af­ter his GCSES rather than con­tin­u­ing to A lev­els, I told him he needed to pay his way. He un­der­stood and didn’t com­plain. Now, he pays £100 via stand­ing or­der ev­ery month. It gives him a sense of pride to be con­tribut­ing to the house­hold, and he’s learn­ing the value of money, and spend­ing the rest of his wages wisely. I think it’s vi­tal for young adults to un­der­stand how to balance fi­nances and to bud­get. It prepares them for real life. In the real world, you have to pay to have a roof over your head. Kids need to know that they can’t al­ways rely on mum and dad. At the mo­ment, the econ­omy is pretty un­for­giv­ing for the younger gen­er­a­tion. As par­ents, it’s our job to pre­pare them for this, and charg­ing rent is a small step to­wards that. It’s not about tak­ing the fi­nan­cial bur­den off Alex and I. We live com­fort­ably, and while Mi­lan’s £100 cer­tainly helps, teach­ing my boy the value of money is far more im­por­tant to me.

Jay be­lieves pay­ing rent will help Mi­lan ap­pre­ci­ate money

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