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Reply to "College student - credit cards, limits, Ubers, food "
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[quote=Anonymous]Have you had a conversation with your student? Do they know what boundaries or expectations you have for them related to spending or use of the credit card? Do they need a reminder? Our student is naturally frugal - the agreed upon spending was CC was for books, college-related incidentals that didn't show up on his student account, uber was to/from the airport was handled on our account, and was travel-related expenses. Uber for fun was his. When it came to food costs he is on the meal plan - food beyond the meal plan is his responsibility from his summer earnings. As the semesters have unfolded we have modified what he covers, and what can put on our joint CC. He has been good at asking for things that fall outside of what we discussed. For example he needed a jacket for the career fair - he was happy with a find at the thrive store - we were happy to provide additional funds for something better fitting. [/quote]
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