[whitev70r]

Originally Posted by Gerbs

If she lives at home and makes $40 - 50K a year. Her disposable income is like $32 to 40K after-tax.

With 0 expenses, I'd say it's equivalent to making $120,000 a year gross with bills. A few acquaintances I met are in this situation, it's a pretty good life. You get to live in Vancouver, all bills paid for, have money to lease or buy a nice BMW/Audi/MB, eat out every meal. Still able to save $5 to 10k a year. Got a garage at home, parents to make food, house is always clean.

Only downside is you live at home which I argue isn't a downside if you're a girl. Good luck dating if you're a guy lol.

No way I would let my kid live rent free at home if they are making $40-50K/yr. I would at least charge $500-700/mth (way less than market) but help with household expenses and their contribution towards my retirement car. It's called teaching responsibility.