Reply to College student - credit cards, limits, Ubers, food

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[quote=Anonymous][quote=Anonymous]Freshman twin mom here.  Each boy has a CC with $300 limit to be used for occasional meals or going out and uber rides.  They never reach the limit.  Including the one that has horrible food at his college, he makes do. I have given him many options to go out to eat at least once a weekend and he rarely does. $300 is very generous.  This is a good time to learn to budget[/quote]

Thank you. This is helpful unlike many of the other comments. Putting a strict limit on the credit card sounds like what we need to do. For the other judgey comments, of course we are teaching him how to budget. We talk all the time, he makes spreadsheets etc.. Clearly it’s easier for some more than others. The transition to adulthood isn’t always smooth sailing for kids who have mental health and other challenges - I didn’t mention that because I asked for guidance and no judgement on how other families set up credit cards and Uber accounts for their college students.  Of course we researched the school. It’s an excellent school - not all great schools have great food and are in super safe environments outside of the campus. [/quote]

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