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Adult Children
Reply to "College kids - how easy do you make it for them?"
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[quote=Anonymous][quote=Anonymous]OP back. I like the idea of giving the same amount over the next four years so she can expect and budget. We do not give her an allowance. We do expect her to spend her summer earnings. The question was about a Christmas gift. We are thinking $400. [/quote] Our DS is 20 and doing very well in college, currently in his juionr year. We told him we'd pay for his room/board, tuition/fees for the first year. We also give an allowence of $200/month for 'everything else' which includes toiletries, gas, going out, gifts, etc. and he does have a job on campus a few hours a week. He does earn money over the summer that he can use for any extras he wants and hopefully save for after graduation. Each xmas and birthday (July) as long as he's doing well in school we give him another semester paid for. So far he's doing well, is staying accountable, and is learning a bit of money management. The arrangement has worked well for us.[/quote]
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