What does your kid say? If my parents were like this, I'd want to be financially free of you ASAP. Maybe that's your goal, but my family's approach to money is totally different. |
Eventually, that is the goal but right now, they're not. FWIW, my kid keeps me apprised. I don't need them to be specific, but I do want to make sure they stay on track (and keep their scholarship, as some others have mentioned; if that goes away, we'll have real problems). |
If he'd never ask for help, how would you know this? Are you planning to sit in on his classes? It just sounds to me like you are more concerned about your investments than you are at teaching your son how to take care of himself at college. He's going to make mistakes no matter where he is. Why not take the time to teach him how to recognize errors, use school resources etc? If I were you, I'd be checking to see which school has the better resources to help my kid with his particular issues, than worrying about protecting my investments. My son's life and wellbeing are worth more to me than my money. |
| Read 15:30 above. Please have your kids sign the FERPA waiver. End of problem. |
Having access to grades is a way to do this. |