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Reply to "Rent for newly graduated child"
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[quote=Anonymous]I don't charge my kid anything. But he pays his own bills with the exception of health insurance; he's still on my plan. But he does pay his own co-pays and any other expenses he has like clothes, stuff for his car, toiletries, or whatever. I don't buy him stuff anymore. I don't make him help with groceries but if there's something special he wants he gets it himself. I don't see the point in charging him rent and giving it back. He is an aggressive saver and has learned about the stock market, investing, savings plans, and how to invest. Heck, I've asked him for advice on my retirement account. I think he knows best how he wants to save/invest his own money, I don't need to hold any of it for him. [/quote]
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