Reply to How much allowance money do you send your kid each week/month at college?

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[quote=Anonymous][quote=Anonymous]It would be helpful if folks could specify whether the choice to send spending money or not is based on what they can afford or on other factors.

To me there is a big difference between a parent who says 0$ because they are already contributing their max and a parent who says $0 on principle.

It seems like such a different choice when money -- and then you have to make an intentional choice -- and when it's more about finding the optimal way to allow resources in order to provide for a famiily's needs. [/quote]

We can afford to pay for books and spending money without any doubt.  (that is what we expect our kids to cover).  But we want our kids to have some reasonable financial responsibility in college.  We want them to internalize that college is a big deal financially, it's a choice, and that it's in their best interest to take advantage of it.  I cannot imagine sending my kid $500 per month for spending money!  IMO, part of the "college experience" is learning to be creative with limited resources and frugal with money.  To me, everyone is kind of looking for a deal in college and you have that in common with others.  It would be weird to be the person always wanting to go out for dinner/drinks and everyone else is like "can't afford it."

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