Reply to When did your teens or young adult children start paying for their own things?

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[quote=Anonymous]Our oldest 2 children are in college with another headed there next year, one in high school and one who is six.  We pay for everything, including spending money since we want the kids to focus on their academics and athletics (the 2 in college are athletes).  I presume we will continue to pay full freight for grad school also.  Both the college students had internships this summer and they earned a few thousand each, which they used that for little expenses at school.  Our children also understand that the privileges of not being required to have jobs means that they have responsibilities to our family.  This aligns with how my husband and I were raised.

We are in a comfortable-enough financial position that we can do this.  If we weren't then I imagine that we would be doing things differently.  So there is no judgement, just a difference in perspective.

Also, our children are not spendthrifts.  I'm very frugal and our kids have picked up a lot of money-wise habits from me.  Our children see that we work hard for our money and they think twice before asking for something because they understand the concept of 'enough'.  We have enough and we don't need 'more'.

On the other hand, I have cousins whose children need swift kicks in the seat of their pants because the kids are ungrateful wretches who will never have enough money.  Those kids needed to have chores and jobs when they were younger, and now that they are in their 20's and 30's they need to be cut off from the Bank of Mom and Dad.[/quote]

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