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Tweens and Teens
Reply to "Affluent parents -how do you handle money and your kids?"
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[quote=Anonymous]Live by example. If you have a huge house, fancy cars and the latest gadgets of course your kids will expect and want them. We live modestly with older cars, don't flip our gadgets that often and a small house. Most stuff gets bought on clearance or sale. We clip coupons (don't necessarily need to by why spend the extra money when we don't need to when there is better use for it). I don't agree with kids paying for college. I think they should work summers and use that money to contribute to college but its a bit extreme to make them pay for applications and college. Paying for education is our responsibility to give them a good start to life. [/quote]
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