| Send that strapping hot college stud my way and I will take care of all his expenses ?. Love, Mrs. Robinson |
| I was really confused and disgusted that you were referring to your daughter as a stud. But now I see you were just doing random creative abbreviations. Weird choice. |
How sad for your child that they know they cannot count on you for support. My parents paid for everything. We worked summers and they put the money away and gave us a debit card and credit card. They paid for everything. I have no idea what I spent but it wasn't much and they never complained. Same parents also taught me to set up a Roth and other retirement accounts with my first job..... as a parent I would be embarrassed not to financially support my child if they were in school, especially minors and I was able. |
My son is at West Point and I'm happy to give him $500/mo to spend. I saved over 6 figues for his education that will eventually become a downpayment if he decides to buy a home. He's not embarrassed at all and shouldn't be. He worked his ass off to get into school and works his ass off at WP. |
You do realize that 99% of college students are actually adults? Land the helicopter lady. My parents paid for my college tuition and I got a job for 15 hours a week for 'spending money'. Maybe your adult children could stand to learn some responsibility. |
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damn 100% of the people here spoil their kids.
my parents were piss poor so in high school i worked 40 hours per week, in college i worked 50 hours per week cleaning stores and working like crazy. I did not skip a day and studied all the time. I racked on loans and paid them all of when I graduated within a year. I bet you I learned the real value of the dollar. I really envied my peers because when they went to their frat parties and to have fun, I went to clean stores and bartend. The worst years of my life. Id probably do the same to my kids |
You need to land the helicopter. You can financially support your kids as by then they should have been taught financial responsibility. If you haven't taught your kid by then, you have bigger issues. I worked summers and my parents did not agree with me working during the school year, especially given my major required 24 hour a week internships for 3 years. |
That isn't spoiling sending your kids to school and paying for it if you can. Some of us had it all paid for and weren't out at frat parties. I often took 6 classes - last two years I did 2 of those as graduate classes and had internships. Life wasn't as rosy in college as you'd think. It sucked. Looking back I should have chosen a better major, skipped the other programs I did along with them so I could have a better more fun experience. |
NP. College should be a time of maturation, a time where young adults are taking steps to become self-sufficient and learning what it is like to be an adult in the 'real world'. Having them earn them money for dinners out with friends, concerts, beer, whatever, by working during the summer (and if the school year if they feel they need more money than what they earned in the summer) is an extremely easy way to do that. They take pride in the fact they earn money, money that is THEIRS and not given to them by their parents, and I take pride in knowing they're working hard for the things they want instead of me just giving it to them. Just because I refuse to hand over $100 for my 20 year old to go to some music festival does not mean I am not "supporting" them, what a bizarre comment. Also, I don't know of ANY minors who are in college. Maybe some if they have a late birthday or were pushed ahead, but that is a tiny minority. |
If you can't see how that's a completely different situation then I don't know what to tell you. |
My kids have 100% of their ACADEMIC costs covered - tuition, room, board, books, school supplies, etc. I also generally spring for things like clubs/organizations, travel to conferences, etc. They do NOT have their spending money covered. I'm sorry, but paying for things like Chipotle runs, bars, concerts, etc. is just not how we roll. |
| The 1st semester I gave my DD $25/wk for spending money. 2nd semester I increased it to $50/wk. Her account is linked to mine and I see what she spends her money on and I'm annoyed. She's in NYC and yes everything is more expensive, but she was wasting her money on Ubers, when I already pay for the monthly subway pass, and so much money on food when I pay for meals. She is working this summer and will be working this Fall semester. I'm decreasing the "allowance" back to $25/wk and adding the other $25/wk to a CD that I opened for her earlier this year. She'll thank me later. LOL |
| We give $5k a month and usually he only spends $3-$4k. |
It's not different. Your argument is not based in finances, but principal. And I'll give the exact same treatment to my younger son even if he doesn't get a free ride. He's still a good student. I see NO LOGIC in giving my WP son $500/mo and then not giving my younger 4.0 son the same spending money, just because he isnt in the 1%. |
How do you teach someone financial responsibility by just giving them tons of money to spend? |