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Reply to "At what age were your dcs 100% financially independent?"
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[quote=Anonymous]DS is 26 and we still have him on our cell phone plan and car insurance. He has access to our amazon, starbucks, and uber. We occasionally give him a little money to have a special night out or if he gets hit with a higher cost need (i.e. new tires for his car). He has a good paying job but lives in a high COL area. His partner is in her PhD program and makes very little money. She gets no support from her parents, so we are the only ones to help out. We can afford to help and don't mind to make things a little easier for them and relieve some financial stress. We told him that once his partner finishes her PhD and gets a job, we can talk about them moving toward true financial independence. DD is 21 and just started her masters of accounting program. We pay 100% of everything except spending money. She's had good internships every year of college and is frugal so that money carries her for almost a whole year. When she finishes school she will get the same as her brother. I think kids that have a runway toward financial independence do better in the long run than kids who are cut off and have to flounder. [/quote]
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