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Old 01-05-2007, 11:06 PM
booeysbaby booeysbaby is offline
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Join Date: Jan 2006
Posts: 4
I've heard of parents charging rent, which forces the child to be responsible with his money. When he is ready to move out, you can give him a part of the rent he paid or all of it as a down payment on a home of his own.

Forcing him to take responsibility in this way is good for him. He'll learn a lot about money management and delayed gratification that will help him in the long run.

Good luck!
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