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Tweens and Teens
Reply to "When did your teens or young adult children start paying for their own things?"
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[quote=Anonymous]We paid for/are paying for all of college and living expenses but both kids earn/earned money in the summer to cover things like entertainment and spring break. One DC has just started working but now lives at home. She will not pay for rent or food but will pay for all other expenses including health care expenses. She is still on our insurance this year because it made no difference to our premium but she may move to the work provided plan next year after seeing how her expenses go this year. The workplace plan is way better than our crappy exchange plan so it may be cheaper even if she has to pay the premium. She is still on our family cell phone plan because it's only $25/month for an extra phone. She should be able to save money to provide a cushion when she moves out. The reality is that many entry level salaries are hard to live on. DC earns about 3 times what I earned in a crappy entry level job but my rent was proportionally way less than rents today. I paid $200-250/month in a group house that would run $800-$1000 today.[/quote]
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