Reply to What budget-allowance do you give your college kid?

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[quote=Anonymous]My older child is a senior in college and we've paid her tuition, room, board, car, phone but she has made her own money for everything else.  She likes to work so she got a part time job during the school year and refused to give it up even when she was stressed with her thesis.  Her grades are good so I'm not worried but I told her she didn't need to stress so much.  She has about $10K in her bank account for savings and I know she wants to keep building it up even while in school.

She does have a credit card under us that she can use as needed but she doesn't really use it much.  She recently bought new tires for her car and asked if she could.  Otherwise I never see her using it.

My younger daughter will be a college freshman next year and she's quick to use our Amex so I'll need to watch that a bit more.  She is also a hard worker and started her own business and likes to make her own money so I think it will be fine in the long run.  She'll get the same support as her older sister and I hope she won't abuse it![/quote]

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