Paying rent to your parents

[Lain]

No, I refused to take money from my 3 children whilst they lived with me.
I made sure they finished school, had an education, or qualification, was employed, and then they left by themself, and afterwards got married.
All 3 left at age 25.

This is the age old recipy to ensure your children never fall into poverty.
1. Finish school,
2. get employed, or self employed
3. then get married,
4. then have children.
This is the only way your children will succeed in life.
Breaking any of the above steps will force them in poverty, and will force you to support them for the rest of your life!

Therefore, I never asked them any rent, for I was used to the expence anyhow, and they could get money saved for a car, and furniture etc.

My last one, my daughter gets married this week Friday, and this will be the first time she leaves my house.
She is a qualified teacher, ows nothing on her 2019 Honda civic, no study loans, no debt on furniture etc.
I made sure that she will never have to rely on her husband, have her own income, or to have him as her sole support.
My 2 sons also left home at around 25 Years, and they also followed the golden rule above.

Now I visit them over weekends, and they pamper me and their mother.

I want to die knowing I gave my money to my kids whilst I was alive, knowing they will never fight for money amongst each other, when the estate is divided after my death.

Now that is truly beautiful, glorious, and God-blessed. I'll remember said steps if/when I myself marry. And may you live to see your children's children, peace upon Israel (Ps. 128)!

 

[Kooky]

In your country are parents expected to never retire and keep working to support any child they have that doesn't want to move out and refuses to help pay for household expenses?

I don't know about Brazil, but in my country people who have worked receive a monthly pension after retirement, so they wouldn't need to work in order to support themselves or any hypothetical children living with them unless those needs exceeded said pension.

 

[Kooky]

It's because in American culture we have the idea that once you hit 18 you should stand on your own feet and take care of yourself.

Is that why so many college students in America seem to be up to their ears in debt?

 

[74x12]

Is that why so many college students in America seem to be up to their ears in debt?

No, that's poor decisions from gullible kids who think a loan is free money.

 

[Kooky]

No, that's poor decisions from gullible kids who think a loan is free money.

Do you think kids these days should just work for decades in unskilled jobs to save up the many thousands of dollars it takes to pay for college tuition, or should they just not take up any career requiring a degree in the first place?

 

[74x12]

Do you think kids these days should just work for decades in unskilled jobs to save up the many thousands of dollars it takes to pay for college tuition, or should they just not take up any career requiring a degree in the first place?

I really don't know. I think that you can't give a one size fits all answer to that question.

What is your opinion on what kids should do these days?

 

[Wildswanderer]

As a brazilian, one thing I find reallllly weird about American culture is the concept of paying rent to your parents once you hit 18 years old. How commonplace is this?

Does anybody else also find this weird?

Of course one should help paying the bills, but literally paying a monthly rent to keep living with your parents is completely alien to brazilian culture.

It depends. If you're going to move in and help with chores and bills, ok. If not, I see nothing wrong with paying rent.

 

[SA Huguenot]

Do you think kids these days should just work for decades in unskilled jobs to save up the many thousands of dollars it takes to pay for college tuition, or should they just not take up any career requiring a degree in the first place?

There are more than degrees from universities.
There are stuff like Electricians, Millwrights, Fitters, technicians specialists, construction trades, road construction, sheetmetal works, and on and on...

If I would have my life over I would have become an electrician, and worked on high voltage installations.
My brother does refrigeration on ammonia plants, he gets too much work.

I went and studied (majored) History, and afterwords realised all the history factories closed down.
My school friend decided not to go to varsity after conscripted military service, and hanged out at auctions selling and buying. He retired at 40 and lives at Hermanus with no care in life.

The only people who should get an education are people who want to become lawyers, accountants doctors etc.

Else, make a decision to do the thing you like where you can become successfull without the debt of the lawyers and accountants who will one day work for you.

 

[Kooky]

What is your opinion on what kids should do these days?

Overthrow the capitalist order.

EDIT: Or more realistically, lobby for free or affordable public colleges, to have at least one possible path to third tier education without tempting financial ruin. Those who want to throw their money at education can always go to private schools, after all.

To put it simply, this is not a problem caused by single individuals, so no single individual is going to solve it, in my opinion.

 

[74x12]

Overthrow the capitalist order.

EDIT: Or more realistically, lobby for free or affordable public colleges, to have at least one possible path to third tier education without tempting financial ruin. Those who want to throw their money at education can always go to private schools, after all.

To put it simply, this is not a problem caused by single individuals, so no single individual is going to solve it, in my opinion.

I'm not entirely against all forms of socialism when you can afford it. However, even though it's all well and good for a country like Denmark (just for example) to provide free college education to their citizens and even pay the students a nice stipend. It's not really within the financial capabilities of the USA. At least not presently.

The reason for this is that the USA spends a lot more money on defense than Denmark. In fact I think you can look at any country that is both prosperous and yet also very socialist and you'll probably find they don't spend very much on defense. The Danish military is virtually non existent. They rely on the USA and other powerful allies. Someone has to be the muscle behind NATO and apparently it has to be the USA.

I believe we should look for national financial stability first and social welfare comes second to that. Increasing our debt limit continually is unsustainable and will eventually ruin this country. Of course they're doing it anyway but I would like them to stop before it's too late. So I cannot support socialized higher education at this time. Perhaps one day when America gets their act together we could afford nice things for our citizens.

 

[Kooky]

I'm not entirely against all forms of socialism when you can afford it. However, even though it's all well and good for a country like Denmark (just for example) to provide free college education to their citizens and even pay the students a nice stipend. It's not really within the financial capabilities of the USA. At least not presently.

The reason for this is that the USA spends a lot more money on defense than Denmark. In fact I think you can look at any country that is both prosperous and yet also very socialist and you'll probably find they don't spend very much on defense. The Danish military is virtually non existent. They rely on the USA and other powerful allies. Someone has to be the muscle behind NATO and apparently it has to be the USA.

I believe we should look for national financial stability first and social welfare comes second to that. Increasing our debt limit continually is unsustainable and will eventually ruin this country. Of course they're doing it anyway but I would like them to stop before it's too late. So I cannot support socialized higher education at this time. Perhaps one day when America gets their act together we could afford nice things for our citizens.

Of course, I imagine providing people with decent assistance in their lives would but a measurable dent in the US military's ability to turn our entire planet into sterile, radioactive ashes within the next split second. Maybe I'm crazy for thinking that ability is not worth sacrificing the economic and physical wellbeing of 300+ million people, but that's my opinion and I'm sticking to it.