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[quote=Anonymous]It will depend on where your DD is going to go to school. If she is in the middle of nowhere where all of the activities are on-campus and free and she is on a meal plan then she will need very little cash. However, if she is in a big city where she will be exploring the city and doing other things then she will need more. However, if she's on a meal plan then she will not need an excessive amount. My DD is in school in a big city and on a meal plan. We give her a monthly allowance and am fine with doing that. She also has a credit card to buy things she wants and needs, but she has to pay the bill each month. She had a debit account from middle school through high school in order to learn how to manage her money (once it's gone, it's gone until the 1st of the month….). She also saved money from a few jobs she had during high school, but not too much. All of this has helped her to learn to be very cautious with her money and her credit card bill is rarely more than $50/month. But she has the card in case of an emergency.

This is her 1st year and we didn't want her to get a job during school for now, but she knows she will be expected to work this summer and save her money for the school year. We will still pay for books and other necessities, but she will use the money she earns in the summer for her spending money. [/quote]

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