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Reply to "College student - credit cards, limits, Ubers, food "
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[quote=Anonymous][quote]It really depends on the kid, depends on the family, depends on your HHI.[/quote] Totally agree. My DS gets room and board (i.e. rent and groceries) from a 529 account in a lump sum at the beginning of the semester and has to budget it. We give him a little extra for non-food items (gas, prescription refills, etc) maybe $200/mo. He has lived in cheaper buildings with roommates. When he lived in the dorm with a meal plan, he did buy other food. His schedule never allowed him time to get food on campus more than 1 time per day, he prefers to eat twice a day, and there were very limited options after 8 or 9 pm. Cooking in his 10x10 double room was not really feasible. DD dated a guy in college whose parents paid a couple of thousand/mo for him to live alone in a huge 2 BR AND gave him $1500 monthly for spending. I'm sure they were fine with him charging whatever to their cards too.[/quote]
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