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Adult Children
Reply to "College student spending of mom and dad's money"
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[quote=Anonymous][quote=Anonymous]Take away the credit card. If you want to give them an allowance for spending money, put it in their bank account and they can use a debit card. We give our kids a very minimal allowance ($50/mo) and pay for all college expenses. They have jobs to pay for other things. The one exception I'd consider is providing more money for general expenses if they had a great unpaid internship in their field. [/quote] +1 you need a budget and set allowance meant to cover certain items. If they can’t play by the rules, the lose the card. [/quote]
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