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College and University Discussion
Reply to "Reasonable allowance for college freshman?"
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[quote=Anonymous]We've struggled with the logistics of this, as well. We're transferring from a brokerage account, so we've decided to move a lump sum for the semester to DC's savings account, and DC will transfer from that to checking once a month. We're starting out assuming it will be about $250 per month (more when buying books, etc). DC has a credit card that is billed to my account, and most of his expenses get billed there, so I'm going add up his expenditures when I pay the bill and transfer that amount from his account to mine (this is what we did when he was in HS). We'll see how it goes. DC has never been a big spender, so I'm not too worried about it. [/quote]
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