@wealthmindsetvault: “Do kids owe their parents financially? @ramsey.solutions #daveramsey #money #parents #teenager #PersonalFinance #realtalk #storytime

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Friday 08 May 2026 18:52:57 GMT
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tirrelltribe
tirrelltribe :
Children don’t owe their parents
2026-06-04 18:36:56
752
d11036
D :
It is absolutely not fair. At 16 he is still a child and a dependent, regardless of how much he makes! Ridiculous.
2026-05-09 16:06:35
1343
just_a_canadian_mom
❌🇨🇦Wendi B🇨🇦❌ :
my son's been working for 4 years, he's 17. he pays me $50 biweekly for utilities. it isn't a lot, but it helps. when he graduates this summer, he'll be paying $100 biweekly as 'rent' until he goes to school or moves out.
2026-05-09 18:59:19
57
tine.yyc
Tine🖤 :
am I the only one confused why at 16 hes making $3,340 a month??? He said its 15% of his income
2026-06-09 00:22:13
33
kikis_adventures
Kikis_adventures :
He's 16. He's a minor. You can't charge him rent.
2026-05-11 22:15:44
198
charmainejackson17
🇨🇦🇨🇦Charky2.0🇨🇦🇨🇦 :
It’s not legal in Canada to charge your child at 16 rent.
2026-05-09 01:15:50
130
albertamike2025
AlbertaMike2025 :
When I graduated my parents started to charge me rent, but they unexpectedly gave it all back when I moved out. 👍🏻👍🏻
2026-05-08 19:47:14
126
frankretatc
Francois.ATC 🇨🇦 :
It really depends…If he’s NOT going to school and according to him, he makes close to $3300 a month, he can pay rent. If he is going to school, then he should not pay and save.
2026-05-09 00:04:45
68
eva_angiie
Ange :
As a daughter who started working at 13, let me tell you the damages it did to me for future,I will now not let me kids work till 18. I am a mother and brought them into the world, it’s MY JOB, to provide, not them! Please don’t think it helps us learn real world things, it confiscates our childhood. Your kids have all the time to know real world problems when they are adults, stop kidding yourselves! We are the parents not our children!
2026-05-13 00:01:40
38
snorlax50000
snorlax50000🇨🇦 :
At 16 that’s crazy if he’s also still in school
2026-05-08 23:08:26
224
cindylou_rc
cindilu :
What's wrong with paying 15% to your parents for rent. They have paid for everything for you, for your entire life. If you don't like it, move out and pay rent some where else.
2026-05-10 02:33:06
13
julia.harpe.warren
Julia Warren🪿 :
If they are still getting a tax break claiming him as a dependent…then they shouldn’t charge him…
2026-05-09 23:28:52
42
joemamasayshi777
Joe Mama :
I absolutely will charge my daughter 15% or even 20% rent if she starts to work while living with me - that has always been my plan for her. Here's the catch though, I wouldnt keep it, I'd open an RRSP in my daughter's name and funnel it into that, when she is ready to move out I'll let her know where her rent was going, show her how much it could turn in to if she keeps up paying into it at her age, and hope she has developed the budgeting skills needed to maintain it on her own. A little bonus for taking this route: in canada you can pull from your RRSP's to go towards down payments on a mortgage. Our kids are pretty screwed over when it comes to mortgages and retirement plans - any chance to get ahead of the game should be the priority of all parents.
2026-05-10 06:10:31
21
jolenebergonzi
Jolene Bergonzi :
Not at 16. If he was 18 then maybe. It depends on the situation.
2026-06-05 14:02:54
14
user68677220490852
user68677220490852 :
That’s so wrong!!
2026-05-09 01:44:54
33
darbienixon
darbienixon🇨🇦 :
my children lived for free when going to school, when they graduated and worked in charged rent, but I saved it and gave it to them to help move out.
2026-06-07 18:38:35
5
keatonmgc
keatonmgc :
$500 you’re already paying for your food might as well move out
2026-06-04 13:48:42
25
xlifeofspicex
Life of Spice :
and here I am wanting to build a multi generational home to help support my kids and wouldnt demand they pay anything. wow. i had s job at 16 because I was in marching band so I helped pay for that and if I wanted to go shopping (lots of thrusting trips lol) but my parents paid for the essentials and never asked for money
2026-06-04 15:11:33
5
nickyxxx84
NickyxXx :
A minor is the legal responsibility of the parent. They can get into legal trouble for not providing for said child.
2026-06-03 17:55:36
6
primaloona
Primaloona :
15% = 500$ ... that means he has an income over 3000$ .... so sorry but 500 $ is fine.
2026-06-05 14:05:00
11
ramblynrose
Rosie :
Not until 18 or not in school. When my son was 18, working full time, not in school and living at home I charged him $150 every two weeks for room and board. He said but you are my mom. I said yes, and as your mom it’s my job to teach you that nothing comes for free.
2026-05-09 18:39:20
10
theupscalebunny
The Upscale Bunny :
If you arent in school, you are paying rent.
2026-05-12 20:18:58
32
been2bean3
been2bean :
what job pays a 16 year old 3300.00 a month?!
2026-05-08 23:56:43
7
umbongo_
Alex Lucy :
My son is 19 we ask him to pay £100 a month he’s not in education and the £100 goes into savings for him which he isn’t aware of
2026-05-10 09:33:08
7
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