Reply to As long as teens are studious, is there any harm in giving them a nice car?

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Reply to "As long as teens are studious, is there any harm in giving them a nice car?"

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[quote=Anonymous]Not how I’d spend my money.  My kid has a 2014 Subaru Forester with 91,000 miles. Safe, dependable, not a lot of bells and whistles.  I wouldn’t want to set my kids baseline expectations too high, because once they finish college and will buy their own cars, they will probably not be in a position to buy top of the line. Especially if they are also saving for a home, etc.  plus, I’d rather put the extra money towards saving for college and helping them afford a down payment or get a start in life.

Those are practical approach to money things. I don’t want to teach my kids to value expensive, high end disposable goods at the expense of long term investment. FWIW are affluent, but the money isn’t unlimited and budget is a consideration.

But, there a lot of things parents do that are real problems, like ignoring drinking and drug use and serving kids underage.  This is small potatoes. And I don’t think it really hurts your kids the way some other bad parenting calls do. So you do you. We’d make a different choice. But, I’m not judging you negatively. [/quote]

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