Why you should pay your parents £100 board a month

  • April 20, 2019

Researchers calculated that young adults save £8,000 a year by living at home – and worked out how much they should pay for board each monthThe ‘boomerang’ generation still living with their parentsYoung adults should be paying at least £100 a month to their parents for living at home, according to a major academic study into the costs of the “boomerang” generation.The main additional cost is food, say the researchers from Loughborough University and the Joseph Rowntree Foundation. They found that on average parents spend an additional £15.86 a week on “cupboard food” and cooked meals for their returning offspring, while the extra gas and electricity added up to £4.78 a week. Continue reading…

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