With all the grown children living at home these days, many parents are questioning whether or not they should charge rent. Some are fiercely against it, others are all for it. Obviously circumstances vary between households, but if they are paying their parents something, ideally it shouldn’t be a crazy amount since you’d rather they have enough to put aside for their future so they can get the hell out of your house for good (just us?). But that’s for older kids, who have finished high school or university and are still at home. But what about little ones? Like, really little. It’s never too early, according to Essence Evans.
The mom of two took to Facebook to reveal that she charges her eldest daughter rent. She’s 5. Let’s just say her post lit up. But before you freak out, hear her out.
So, really, rent is “rent” and bills are “bills.” What she’s really doing is teaching her daughter the value of a dollar, not actually putting her five-year-old’s money towards paying for their home and the utilities. That five dollars each week into a savings account will add up and, one day, her daughter will be grateful. She better be.
Of course, some still found the mom’s methods harsh, but overall the response has been mainly positive, with many planning to follow in her footsteps or wishing they had done what Evans does. Once her daughter gets out in the real world, she won’t be as shocked as others her age and will have a better grasp on handling her finances and adult responsibilities, in general. Well done, Mom!