Reply to College student spending of mom and dad's money

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Our three had jobs and we never shared a credit card with them. If you don’t stop now you’ll be subsidizing her for years to come after she graduates. [/quote]

I don't believe in that at all.

I believe that you have to make sure that your kids know what their goals are for their own wellbeing - mental/physical health, reputation, growth, good socialization, networking, education/skills, financial success, future family, future career and employment and they are always working towards that.  This might mean that they are working with zero pay in research opportunities or internships etc.  They should always have the assurance that their parents will have their back and they can concentrate on being students. [/quote]
Functioning adults can do both - be good students and have a PT job, especially in the summer.

I would never allow my children to be homeless, but I expect them to be able to have a PT job in the summer, at least.

I worked my way through college to pay for college, car and insurance. It was tough.  We are fortunate that our kids don't have to do what I had to do, but they can certainly handle working a couple of hours during the school year, and more hours during the summer for spending money.
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