Helping financially irresponsible parents with rent
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Helping financially irresponsible parents with rent
My parents have started asking me to contribute to their rent as they are finding it harder to pay for. They are asking for £150 monthly, and I believe while some believe in the argument that parents shouldn't charge rent, that it is still a reasonably amount to ask for.
The issue I am finding is however is that they do not know how to run a household properly in this day and age. Even though only one of them works, they still insist on having 2 cars in order to get them to shops which are literally a minute walk away from our house. They waste a lot of money in various ways, such as instead of using public transport, they use both cars to go the same gym at the same time instead of using one car together and pay twice for the car parking. They are very careless drivers and accumulated a lot of fines lately and spend a lot of money on things they only use once (such as sarees which cost £300-£800).
I currently don't have a job and will be paying out of my student loan and savings I made from 5 years of part time jobs, having learned from my parents I am very stingy and never spend money when it is not required. So I am very worried that it would literally be money down the drain... I have tried talking to them about their spending habits but they never listen to me..
To add to the issue, I did try moving out 2 years ago for the beginning of my uni education but was forced to stay at home as they begged me to stay, I agreed to stay on the condition that I wouldn't need to pay rent, but obviously they chose to ignore that. i live very far from my uni and my travel card costs £150 a month.
So I would be spending about £300 + £200 for other costs such as food for myself as my parents stopped cooking in the house and I usually eat out for lunch and only have cereal at home for dinner.
So I would like to ask you whether moving out and finding a place of my own would be better? especially given that I would save myself a 2 hour commute everyday and finally have true independance of being able to drink, smoke, not miss out on outings/parties and bring friends/girls over any time I want?
So do you think I should move out or stay?
sorry for the massive wall of text, but any help/opinion would be appreciated -
Have a closer look into the cost of moving out before you decide.
I wouldn't pay any rent until your parents stop wasting money; how do you know that they won't waste your rent money on similar things and come asking for more to pay the actual rent. Talk to them and suggest that they cut back on things that they don't need.
This was posted from The Student Room's iPhone/iPad AppLast edited by Kim-x; 28-07-2012 at 07:06.