Reply to Paying for Grad School

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[quote=Anonymous][quote=Anonymous]DD (21) is going to grad school - phD.  She will be receiving stipend.  I am not sure if she can live in the budget.   All through undergrad, we just pay for her credit card expense and remind her when the bill is due.  I have to remind her to pay rent.  All her roommates doesn't remember to pay rent at the beginning of the month, too.   It seems like the college kid don't care about finance not just my DD.  Should I cut her off completely now and let her figure out the finance herself?  I can feel the late fees will be hitting her soon. She does have a job through undergrad and she is late entering the work hours in the timesheet so she will miss her paycheck period and have to wait another 2 weeks.  How do you teach your adult child to be financially responsible?  Her priority is school work and not finance.  DD will say "I am too busy doing .... - can you log in and pay ....."  I do understand that DD is busy.. but....[/quote]

Log in and pay with your money, or log in and pay from her account,  essentially acting as her secretary? I wonder if there's some anxiety here, she worries about doing it wrong?

I would put some training wheels on here...youll do it but in person together or sharing your screen and showing her exactly what to do, and then have her do it and show you, then show her how to set up autopay, calender reminders, and alerts when her account is getting low, so she doesn't spend the rent money before it's due.[/quote]

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