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College and University Discussion
Reply to "Allowance for College Students"
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[quote=Anonymous][quote=Anonymous]Parent of a college senior, living off campus here - he is running out of summer job money - rather than an allowance, on our once a week Sunday phone calls, we talk about what he needs and figure out together how much he needs. For us, this creates an opportunity to talk about needs vs wants and to be reasonable about money. And, we see him a couple times a month during spring since he plays a spring sport, so we always ask if he needs us to bring him anything from Target (toiletries, etc.) so we just bring him the stuff and that doesn't turn into a discussion about money. It works for us. He also just did his tax return and he's getting a little bit of money back so that will help, too.[/quote] I like this approach and will incorporate it into our plan. Thanks![/quote]
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