<prompt> Human: This is for parents that have kids in college and who are living at home, and this is from a very grateful kids point of view Note: Im grateful a couple of years removed from the situation.When I went to college, I went to a commuter college about 30-45 minutes by public transportation from my house. My classes were mid to late morning most days, and living at home was a great option. I had a part-time job so my parents told me that as long as I had an income I would have to pay rent. I lived in the studio above our garage and had my own space, though I washed clothes and ate in the main house. I was not happy about having to pay rent. I mean, cmon! Im going to school and my part time job is for my fun money. Reluctantly I agreed. I knew I wouldnt find anything cheaper than what my parents were offering. So I paid 300month in rent. Peanuts for a nice little studio and private entrance. I understand that many of you wont have the same option and your child will have their room, BUT charge them what you deem appropriate rent for roomboard while in college if they have a part-time job.Why am I grateful for them doing this? Because when I moved out, my dad told me they had been saving the 300 I paid every month, and that they were going to give it all back to me. I had no idea this is what they were doing so while I went to school and worked, I learned how to budget, because I knew I had to pay the 300 a month. It taught me the value of a dollar, and that I had to be able to prioritize my spending. Obviously getting almost 6,000 back when I moved out I moved out about 1.5 years into this arrangement came in handy and I greatly appreciated it, because I wasnt always the best at saving my leftover money.Any way - I just thought Id pass along what my parents did that taught me a lot about budgeting and maybe some of you have kids that could use the help to get a bit more of a real world experience with workmoney before they leave the nest.  <response>: I know a girl whose parents did the same thing though I think her rent was closer to 600month and once she was ready to move out, they gave the money back, with interest, for a down payment on a home.I will try to remember this in 15 years when I have a kid old enough to kick out... 