Would you ask your children to pay to stay at home? As many Australians navigate tricky conversations about cost of living pressures, some say it needs to start with an open and honest discussion about household finances.
Like many Australians, Imogen Szegedi and her parents are navigating tricky discussions about money and the cost of living .
The cost of living crisis, lack of affordable housing and the fact that young people are generally spending longer in higher education institutions are among the reasons why.Debbie and Roger's children paid board from when they were about 16 years old until they moved out of home. "Whether it's board, or it might be their mobile phone or entertainment or clothing, is a valuable lesson," she says.
"Some people just don't have a good financial situation and rent is really expensive at the moment," she says.Financial literacy rates Ms Samios says it is even more important that people learn those skills in the tough financial times people are facing today.Do you want to be notified when the next BTN High stories arrive? Join our weekly newsletter.
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