It’s pointless but harmless hobby. At 19 he could use his money for a lot worse things. He could also use them better, but why?
The idea that personal finances should always be optimised for the best possible future outcome is sickening to me. What’s the point in that grind? To eventually have more money for … more pointless hobbies? If so, then he already won the game by being able to enjoy a pointless hobby at the age of 19.
It’s a good time to do it too. It’s only getting more difficult and less enjoyable the older you get. Life shouldn’t be so serious. Let the kids play as long as they can. People get mentally old because they stop playing.
Well said.
More people should know the story of the Mexican fisherman.
An interesting take on #personalfinance and #happinness in fact
deleted by creator
Love that it’s a random picture of the spineless shit that is Canadian politician Andrew Sheer.
What a fool, you should have used your money responsibly, like me, who gambled it all away. Your way was such a waste!
deleted by creator
deleted by creator
First of all he could very well be paying rent, you don’t know shit. And second of all, thank god he isn’t wasting his damn money paying someone else’s mortgage. This economy fuckin sucks ass. Decades ago you could afford a house working in basic jobs. Not anymore.
I never thought about it that way. But giving your parents money to pay off their house you would eventually inherit makes much more sense than renting from a stranger.
It’s better than renting from strangers, but since inheritance is taxed (in some countries/states) it might be better for the total family worth to let the kids live there for free as long as possible.
Remember to empty the bins and clean your room
Inheritance tax in many countries has a lot of ways to reduce and circumvent it at least partially. But you are right in that it should be taken into account.
Removed by mod
What decade did that happen? Also, this stigmatizing about needing to leave your parents house when you’re 18 is ridiculous, that’s only an American thing. Most families stick together for a lot longer than that. An 18 year old is still a child, to think that a child living still living with their parents would make them socially inept is absolutely stupid, you sound crazy man.
Oh fuck off. The kid didn’t just appear one day and start eating their food and using their electricity. You are legally required to provide if you have a kid. You don’t get a medal, and you sure as fuck aren’t owed anything.
Where are you legally required to provide for a 19 year old?
In Neckbeard’s Law of Being a Leech section 2 line 45
I’m convinced you’re the neck beard, with how much edge you’re trying to cut me with.
Charging rent to your kid is the best way to guarantee they live with you longer. If you take their money, they have no money to move out.
Dumbass.
Well, no. If a kid is paying money either way, they might decide they want privacy. My parents started charging my sister rent, the next month, she moved out. At some point, enabling your kids is hurting them more than helping them
Now how many kids move out with no money because their parents are overbearing control freaks who think because they had sex one time 20 years ago means they have a slave.
Edit: I also feel I should add that living with your parents as an adult was very common until the last 40-50 years. The only reason it became the “norm” was, because of how good the economy was, young adults could actually afford to leave their parents at that age.
Be 19
Sure is easy to buy things when you dont have to throw away 50%+ of your take home pay to rent!
I don’t live with my parents, but only cause I had reason to move out. If the parents and child are happy with the arrangement, what arbitrary rule decides that the child should move out? They should absolutely contribute to the household, but if they have the room, why not save the money?
I don’t think they were saying he should move out
Don’t have kids.
You say it like it’s a bad thing
Damn you pissed off a lot of basement dwellers.
Down voters: “and I took that personally”
Uh, I’m 31, I have a job and a home (no kids though, don’t want any either). I still think that the idea of charging your kids rent is ridiculously heartless, especially when they’re still in education.
It depends on what the parents do with it, IMO. My parents charged us all “rent,” till we moved out, provided we had gotten a job to begin with. What we didn’t know is they were just stashing it in a savings account for us, for when we graduated. AFAIK, I got every penny I gave them back in a lump sum. Wish I had been a little smarter with that money, but oh well. Have to have some regrets I suppose.
Agreed, but at a certain age it’s time to pay up or move out. Certainly wouldn’t charge my kids rent while they were furthering their education.
that notion seems ridiculous to me in general. For the entirety of human history generations have lived in one shared home, all providing for the home in their way. Why the fuck has it suddenly become socially unacceptable to live with your parents? Why would a child need to pay rent to their parents for the “privilege” of continuing to live with them? It’s more financially sound nowadays to share a home with other people, your parents, your friends, even strangers. The only time I can think of when that wasn’t the case was 50-90s in first world countries when buying a house by a single income working class individual was, like, possible
Society changes over time. It’s been a long, long time before multiple generations lived with each other, permanently. It’s been the norm, that sometime between a person’s early to mid twenties they leave the nest.
You just said that about 1/3 of the world’s population doesn’t have a society. Anywhere that grows communal crops, such as rice that require multiple families to tend the crops, they still frequently live with their parents, and then the parents move in with the eldest child and live with them.
Western societies didn’t even start moving away from these communal societal structures until the start of The Protestant Revolution. It also cause us to stop marrying our cousins, but that was unintentional. The intentional effects were a focus on individualism rather than a focus on family. Even then, it really took until the Industrial Revolution before we really embraced the idea. The Nuclear Family is a concept that’s less than 100 years old.
These ideas are far newer than you think.
AFAIC, the not marrying our cousins was the only real benefit of us moving away from societal structures that forced a closer community bond. At least that’s the only goal they succeeded in that didn’t almost immediately bite us in the ass.
When did I say a third of the world’s population doesn’t have a society?
19 is a bit low but just say the aforementioned 31 year old was still living with parents… Pay up lol
I don’t live with my parents. I just wanted to make it clear that it’s more than stereotypical basement dwellers who think that charging rent to your kids is fucked up.
deleted by creator
