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Adult Children
Reply to "Paying for Grad School"
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[quote=Anonymous]There is no excuse to miss payments- sit down with your DD and set up automatic payments from her account. I have a DD the same age doing the the same thing- Graduate Assistantship. I gave her a $2000 budget for Apt furnishings (she has 1 roommate) anything beyond that she buys. She will pay all bills other than car, car insurance and cell phone while in grad school. She made her own budget and has over 10k in savings (she has worked to save while in HS and undergrad) Because she had a partial scholarship in undergrad, she has some 529 left. I will pull that down a bit to supplement her budget (this will allow her to do some vacations and continue saving that she couldn’t otherwise afford) [/quote]
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