The one thing I wish my parent taught me was home loans , real estate investment and stocks . If you don ' t need the money , but still charge rent , I suggest putting their money into individual investment funds and saving it for when they want a deposit . I have some friends that stay home rent free but actively save up for real estate . They stayed home , saved up for a 15 % deposit cosigned with parents , bought a home , moved out for one year then moved back home , earned passive income from their rental and repeated the process with smaller units . 15 years ago it would of been amazing if my parents educated me and helped me out instead of letting me waste my money on holidays and partying . Now I ' ve finally learnt about what it takes to buy a home , it sucks trying to save up for a deposit and paying rent at the same time .