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Adult Children
Reply to "college children and money"
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[quote=Anonymous]Paying for activities is different than giving a kid money he didn’t earn. What if someone in your family becomes disabled? What if you lose a house to a wildfire? What if he gets hurt and loses his scholarship? I would treat the $350 K after graduation like a loan fund. If he wants to be an entrepreneur, he can borrow from the fund and pay it back. But, it’s your money and you saved it for the contingencies of your life. [/quote]
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