I'm trying to figure out how much to give my rising junior to cover living expenses since this is her first year off campus. Entertainment would hers to cover, but I'm ok covering food (within reason), etc. I'd like to determine a recurring monthly amount to deposit in her bank and let her figure out how to make things work. Ideas? |
I give my ds 1000/month. |
rent plus 400 a month for food. they make good money in summer. |
That’s a lot of beer |
Is $1000 for food and incidentals after rent/utilities covered? |
Rent+commuter meal plan+$100/mo (maybe). Kid had a summer job. |
He mainly drinks cocktails, not beer. 1000 is for whatever. I pay tuition and rent directly. He has a credit card that is my account (he is a card holder) that he uses for school supplies, fees and groceries. The 1k is for everything else. He goes to school in an expensive city. |
1000 per month in addition to housing/utilities? Thats crazy.
$400-500 a month for food/toiletries/misc in addition to rent/utilities, if there is no partial food plan pre-paid to the college. Depends on cost of food at local store. Depends if they have a car and need gas$ too |
|
$750 per month plus rent. So it covers food, all bills etc. |
Please do a search. This has been asked half a dozen times in like the last month. There's a wide range. |
The answers on these threads are always all over the place.
Some give nothing. Some give unlimited access to credit cards and memberships (Amazon, Netflix, etc). You have to figure out what’s right for you. |
We peg it to the on campus meal plan, which is $3k. Semester is roughly 4 months which works out to $750 per month p |
Whatever the amount would have been for the meal plan on campus, we give directly to the kids. One chose to keep a low meal plan (maybe 10-12 swipes a week), and we gave them the difference. |
🤷♀️. She uses out credit card. I’ve never totaled it up. |