Reply to college children and money

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The kids shouldn’t know the details of your savings. It’s not their money. I think it’s crazy to give one son a huge sum of money! When the boys graduate they should be focused on getting jobs and working their way up the ladder.

In the immediate future I would focus on rebuilding your relationships. Take the family on some nice vacations a few times a year. Do this forever, even when the boys are married and have families. Make it your treat. [/quote]

I agree that money is yours.  You earmarked it for certain purposes.  Did you keep track of your expenses supporting #2 athletics over the years?  If one has a big medical need you help with do you offer the other cash?  What if one has kids and the other doesn't.  Life is just not equal.[/quote]

+1 the amount of time and money you dedicated to provide the opportunity to obtain that scholarship is being discounted by #2.

The money isn’t his, it’s yours.

Personally, I wouldn’t hand out the cash to anyone. I’d provide a certain amount to both children for down payments, a new car, etc. but that isn’t his money to dictate where it goes. [/quote]

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