ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Parents Charge Daughter Rent After High School Graduation; Internet Approves

How do you feel about making your children pay rent? Look what these parents have to say.
PUBLISHED MAY 4, 2024
Image Source: @bar7ranch | TikTok
Image Source: @bar7ranch | TikTok

A mother made headlines when she ordered her children to pay $100 for rent each month when they were 16. Although some people found her regulations strange, other parents followed similar guidelines. Cody and Erika Archie, the owners of Bar 7 Ranch ( @bar7ranch ) in Texas, took a similar approach with their daughter. They asked her to contribute to the rentonce she graduated from high school.

Image Source: @bar7ranch | TikTok
Image Source: @bar7ranch | TikTok

Following her high school graduation, Kylee's parents asked her to start paying $200 a month if she wanted to stay at home. The rent would increase to $300 if she wanted to consume their meals. Although Kylee had been living with her family, her parents determined that she needed to start paying for her accommodations after high school. They believed that it would teach her responsibility, particularly because she wasn't sure if she wanted to attend college.

Cody and Erika first talked about their rent agreement with Kylee in their 2022 TikTok video. When the idea of renting to kids who had graduated from college gained traction once more in May 2023, they decided to repost it. Erika asked viewers if their high school graduate is not attending college right away, they still require them to pay rent. Cody clarified they intended to take $200 from Kylee each month the next month onwards.

Cody commented, "That’s pretty cheap to live like a grub in your parents' house." Erika added, "That’s cheaper than what she eats in food or anyone eats."

It's $300 if Kylee wants to eat off of their refrigerator, but it's only $200 if she purchases her groceries, according to Cody. Erika laughed back at that. They thought it imparts valuable knowledge about handling debts. They invited people to voice their ideas and were genuinely curious about what others had to say.

The responses they got in the comment section were quite diverse. One person shared, "I've seen this online before... Parents who do this often end up not being close to their kids later in life."

Another commented, "I wouldn't charge my kids."

Image Source: @bar7ranch | TikTok
Image Source: @bar7ranch | TikTok

However, many people supported the idea but suggested saving the money secretly for the child. "My parents started charging me rent after about 6 months. It helped me become better at managing money. They gave it back to me when I moved out," @adam shared.

Image Source: @bar7ranch | TikTok
Image Source: @bar7ranch | TikTok

Another user mentioned how it's not about paying money but becoming responsible. 

Image Source: @bar7ranch | TikTok
Image Source: @bar7ranch | TikTok

As it happened, Kylee eventually moved out of the family home. Cody and Erika disclosed to Today in May 2023 that Kylee moved out in February 2023 to get her apartment. After graduating, if she began paying the $200 rent, and lived with them for almost nine months before deciding to live independently. 

But Kylee's initial intentions fell through, and she ultimately moved in with her aunt. She was fortunate not to have to pay rent there, but she did contribute by watching her nieces.

Erika told the publication that Kylee had no animosity toward them.

She realized that being an adult includes certain duties, such as handling money and making her own decisions. The family provided an update in April 2024, stating that Kylee had secured a higher-paying position. Her parents decided to raise her rent as a result of this improvement. It seems that Kylee returned to her parents' house and continued to abide by their rental guidelines.


@bar7ranch How do you feel about making your adult children pay rent to live at home? This is a REPOST from last year but since its on Fox Business News right now we thought we’d chat about it again! #Parenting #ParentsChargingRent #AdultChildren #DryHumor #Sarcasm #MarriageHumor #Marriage #CoupleTok #RanchTok #AgTok #KeepRanchin #KingOfTikTok #RanchLife #Ranch ♬ original sound - Bar 7 Ranch

 

Follow @bar7ranch on TikTok for more such videos and content.

MORE ON MARKET REALIST
US consumers could witness another wave of inflation in March despite the IEA releasing oil reserves
5 hours ago
There are safeguards to the use of the technology but day-to-day activities are allowed.
6 hours ago
The contestant came quite close to winning but it was not to be.
6 hours ago
A budget watchdog has sounded the alarm, warning that this would not be sustainable.
8 hours ago
Multiple states are taking part in testing programs to ensure that the dream becomes reality soon.
8 hours ago
Homeowners are going for adjustable mortgage rates in record rates, reminiscent of the 2008 crisis.
1 day ago
The contestant’s win was impressive, as the game she played is not easy to get right.
1 day ago
The contestant was just happy to be on the show but a surprise win made her experience even better.
1 day ago
People are already struggling with affordability and the war could make things a lot worse.
1 day ago
If consumed, the products could pose serious health risks to some people.
1 day ago
The Trump administration has assured that prices will be back to normal within weeks.
2 days ago
The move reflects a broader shift in tech as companies redirect money from payroll to AI infrastructure
2 days ago
The Energy Secretary said that the uptick in gas prices would only a few weeks.
2 days ago
Carey even ended up having chili spaghetti after feeling the symptoms for the first time.
2 days ago
Find out the production oversight that led the company to the Class I recall from the FDA
2 days ago
The growing AI bubble will burst and workers will have to bear the brunt in the short term.
2 days ago
Small businesses account for a huge chunk of GDP and employ more than 62 million Americans.
2 days ago
Andrew Crapuchettes advises American workers to stay AI-enabled to face a tighter job market situation.
4 days ago
There were a total of 48,307 layoffs in February, down 55% from January.
5 days ago
There could even be a situation in which one may have to give away half of it as income tax.
5 days ago