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Speaker 1: This is gem Nation.

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Speaker 2: We're jes.

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Speaker 1: Down to the jogy demand of raps of the pub

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Speaker 1: test today the pub test paying board? Does it pass

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Speaker 1: the pub test.

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Speaker 3: It used to be a regular thing that your children

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Speaker 3: living at home the minute they finished school were paying board.

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Speaker 3: Less and less of us are getting our kids to

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Speaker 3: do that. Charging children board asking them to pay is

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Speaker 3: one of the toughest questions facing parents when their kids

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Speaker 3: are growing up and house prices rising. Over the past

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Speaker 3: ten years, parents have been hesitant to charge their kids board,

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Speaker 3: fearful it will take away their ability to say for

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Speaker 3: their first home. Of the flip side of not charging

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Speaker 3: them board is that they are we teaching them fiscal

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Speaker 3: responsibility by not making them work out how much of

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Speaker 3: their money goes towards various things in their life.

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Speaker 1: A GM y rye, he lives at home? Are you

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Speaker 1: being taught fiscal responsibility? Ryan, Yeah, I like to think

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Speaker 1: I have so you pay board? No, no, no, Dad

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Speaker 1: wants me to what.

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Speaker 3: Is and what is? No? No, that's I bet a

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Speaker 3: lot of families are like that. That mum's the softy,

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Speaker 3: of course. I bet that that's how that goes, all right.

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Speaker 3: We've got lots of calls for this paying board. Does

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Speaker 3: it pass the pub test als?

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Speaker 2: It does. We've got to learn responsibility and how to

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Speaker 2: manage a budget, balance things between pleasure and business. I've

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Speaker 2: got four. I've got one for living with me at

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Speaker 2: home and level paid forward from the time they were

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Speaker 2: able to work.

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Speaker 1: It does I go back forty five years when I

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Speaker 1: was nineteen twenty years of age, I used clear at

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Speaker 1: seventy two dollars.

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Speaker 2: And I paid fifty dollars a week to my mum.

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Speaker 2: What I did with my children I took doord off them,

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Speaker 2: But when they bought their first property or investment property,

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Speaker 2: I gave up the money that I saved from their board.

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Speaker 1: Our daughter just got into a third year of our apprenticeship,

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Speaker 1: so Waye went up and we said to her, you

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Speaker 1: either pay an extra ten dollars in board or put

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Speaker 1: an extra twenty into super.

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Speaker 2: My son pays this one hundred dollars a week board.

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Speaker 2: It goes into a sub account of mine, and when

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Speaker 2: he's ready to buy a house or to posit, that

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Speaker 2: money will go back to him. My kids don't pay rent.

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Speaker 2: One's a Uni student, one's a first year nurse, but

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Speaker 2: she cooks us dinner three nights a week. My son's

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Speaker 2: twenty seven and I charged him fifty dollars a week.

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Speaker 2: He's just got an apprenticeship, so yeah, he has not

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Speaker 2: a lot of money, but he needs to contribute to

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Speaker 2: at least to the hot cow contributed.

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Speaker 1: What about that guy seventy two bucks? He's making that

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Speaker 1: a week charge fifty? What's his mum in the muffia?

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Speaker 1: Like a standover man?

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Speaker 3: Interesting the one that said I charge board. But I

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Speaker 3: put that aside for them for when they want to

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Speaker 3: buy a place, because that seems to at least teaches

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Speaker 3: them how to live within a budget. But you give

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Speaker 3: them the money back.

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Speaker 1: I don't know about that why. I just just don't know.

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Speaker 3: What do you mean? You don't know.

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Speaker 1: We're putting it aside because it's a false sense of

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Speaker 1: security that mum and dad will always bow you out

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Speaker 1: because they're going to end up with your stuff anyway.

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Speaker 3: But it teaches you at a young age that I

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Speaker 3: out of my way, this much goes to my parents

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Speaker 3: every week. Teaches you to budget.

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Speaker 1: I don't know. We're part of the I'm part of

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Speaker 1: the snowplower generation. Look at me, I'm a snowplower. That's

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Speaker 1: what happened.

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Speaker 3: You've got adult children living at home, well too, that's right.

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Speaker 3: You were married at that age and out and doing stuff.

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Speaker 1: Yeah, at a child at twenty four, we had no money.

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Speaker 1: We did a muzzlebook with no money. I remember one

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Speaker 1: time I won the footy tipping competition, but my whole

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Speaker 1: life hinged on to win the footy chipping competition. So

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Speaker 1: we paid the red Jo for the family car because

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Speaker 1: we wouldn't better paid for it.

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Speaker 3: Others. Well, many of us started that way, and that's

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Speaker 3: why we don't want our kids to have to have

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Speaker 3: a hard generation. We might touch on that again later on,

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Speaker 3: because I think that triggered a lot of people