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College and University Discussion
Reply to "How much spending money to you give your college age child per month?"
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[quote=Anonymous]The fun funds were mainly from our students' savings. We covered transportation, tuition/books, phone, computer etc. They had "start-up" funds mainly from HS graduation gifts and money from jobs. They figured out how much they could spend per month on the extras - some months it was more and some less. By the end of the first year - they had a much better feel for what they needed, and how much they had to earn to get through the next year. If there was an emergency need for funds - we supplied it with the promise of being reimbursed. Our kid doesn't spend much money on things - much of the big extras like clothes he negotiated as gifts for birthdays etc. [/quote]
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