Reply to Parents, How Much $ Did/Will You Allocate for Allowance?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No allowance makes you grow up?  If only it was that simple. What a bunch of self serving BS.  There are rich assholes and poor assholes.  There are hard working wealthy people and slackers who are wealthy too.  Yes giving your kid a Ferrari and unlimited spending money is probably not a good idea but either is "figure it out on your own" and see you at Christmas.  A reasonable allowance that let's you focus on good grades will not sap all of your will to succeed any more than having no money will give you the drive to become a millionaire.  If it worked that way there would be no poverty as every poor college kid would turn out to be a millionaire.[/quote]
Of course you're right. This thread clearly got away from the typical (and useful) "College Discussion" people.  Once this happens, it's fairly useless for people looking for information and becomes "This is how it happened to me so it's the best way for everyone regardless of any facts. What? No, I don't have a kid in college. But I know a college kid/I hire college kids/I went to college/I'll have a college kid/I live near a college."  [/quote]

LOL! Exactly! A post seeking practical advice turns into the usual pissing match. No one cares about your experiences or those of who you know. I asked what's a reasonable allowance because clearly I plan to give DC one. So amounts would've been useful. The debate about to give or not to give is MOOT.[/quote]

I don't care if you give your kids an allowance or not. It's not incompatible with them also working for money. I just can't believe anyone would say with a straight face that a kid is disadvantaged in a job search for having had paid work experience, which some on this thread have asserted. And no, I don't have a kid in college, but I have hired 50 new grads in the past five years and probably interviewed 200 more. If the point of sending your kid to college is to prepare them to get a job, the perspective of a hiring manager might possibly be relevant. There are a dozen other threads on this board trying to get at the same thing--what path is most likely to end up with success? [/quote]

That's the thing: There is NO one pathway to success!

Giving an allowance will not doom your child to a feeling of entitlement and lifetime of unemployment. Just as withholding allowance doesn't guarantee a hardworking child who will have employment opportunities thrown at them throughout their lifetimes. And vice versa. It really is about the individual child and character that's been developed along the way. An entitled self-absorbed snob will not be less so because of a measley peasley job he'll consider beneath him as he "works" during college alongside the 'peons' who do it because they NEED the money while his parents are only trying to build character.

Furthermore, [b]I don't consider getting a job the purpose of sending my child to college. That's what grad school is for.[/b] I'd like for college to be a time of maturity and exploration. A time to grow intellectually, learn, etc.

Finally, I'm not fully convinced everyone tells the truth online. Just because someone claims to be a hiring manager, lawyer, stay-at-home mom, 6 foot tall sun-kissed muscular body builder type with abs for days, etc. doesn't mean it's so. I know several hiring managers. And none of them have the preference for paid work over internships those claiming to be hiring managers in this thread have.[/quote]

At least it's clear where you are coming from, which is the perspective of someone with shitloads of money. Anyone who has to save for college or take loans is probably counting on their child being employable after graduation. 
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