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College and University Discussion
Reply to "How much does your college student or recent grad have?"
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[quote=Anonymous]My college sophomore earned $4500 from working this summer for extra spending money during the school year. We pay for everything and more, and she has a pretty much everything she needs! And we reimburse for toiletries and can send her other necessities from Amazon , like a new phone case or socks. But we refuse to fund her entertainment and impulsive or discretionary purchases. She has budgeted herself @ $100 a week and so far splurges on Saturday lunch out with friends. I can also see that she bought Starbucks, a new pair of Abercrombie jeans, and something from the bookstore last week. Unrelated, she owns about $600 in a stock of a company that has special meaning to her. But if/when she ever cashes it out she owes her uncle the $500 he seeded/gifted her to buy it a few years ago. (She was interested in learning about investing and he thought it was a good bonding moment and learning experience and gift for her 16th birthday.)[/quote]
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