Appropriate Allowance for Freshman in College

[Anonymous]

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Anonymous wrote:What do your kids do in the summers prior to going to college? My kid easily made $4K last summer as a 16 yr old. He saved around half of that. He will probably make the same this summer and next so by the time he starts college, he will have $6K or more saved. I'm not giving him an allowance. He is not 6 yrs old unable to make his own money. I had to use my summer earnings to pay for my books and as my fun money and he will do the same.

What exactly did he do in 8 weeks to make $4,000? 🤨

He worked part-time at the pool cafe at the country club down the street. He could’ve made a lot more than that if he worked FT. Those jobs went to the college kids. Also, he worked from Memorial Day to Labor Day so it was more than 8 weeks. Most pools are open then.

Most schools are back in session in early August now. A lot of kids are lucky if they can get in 8 weeks, and that assumes zero family travel.

Oh no, no family travel? You sound like a diva. I feel sorry for your kids. Most kids would be embarrassed that their parents give them an allowance in college when they are completely capable of earning money themselves.

At least my kids having reading comprehension skills. I guess you were too busy working.

What college kid would be embarrassed about getting money from their parents? Every friend of mine who had to work during college hated it..

Mine would. He'd also be embarrassed to admit he spent the whole summer traveling with his parents.

Good job raising a kid with 1) parents he is embarrassed about, and 2) insecurity about spending time with #1.

Oh please. Teens don’t want to spend the whole summer with their parents.

Yea they are so bummed to spend a month in the Maldives and hang in Nantucket the rest of the time.

Don’t your kids have friends? That’s all I wanted to do in the summer. I hardly see my kid between his job and his friends.

They see their friends all year and have tons of friends in Nantucket that they reconnect with every year.

Why would it be different just because we are in the Maldives (or New Zealand, or Belize, or Spain, or Italy… or whatever we do that summer) or Nantucket, they stay busy.