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January 22, 2012

Adult Kids Living at Home: Why They Should Pay Rent

My first child is turning 18 this year. That means I’m about to become the parent of an adult. Issues like having my adult child live in our home will soon be a reality to me.

The concept of adult kids living at home and paying rent is controversial.

Some people are adamantly opposed to it, while others consider it essential.

What most people will agree on is that it is  situational. For example, some parents hold that adult children who have just had a devastating life event need a safe haven where they can get their bearings. However, they will charge their kids rent if they feel they are in a financial position to do so.

Here are some of the situations where most parents agree their kids should pay rent:

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