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[quote=Anonymous][quote]I think it's nice when parents are able to and choose to cover their kids' necessities, but I think ultimately you're doing your kid a disservice if beer, restaurant meals, spring break vacations, and the newest $120 jeans at Abercrombie are "necessities" that you're covering too. Your kid is never going to learn to budget or to be responsible or to manage his time. It's not that working a minimum wage job "builds character," it's that forcing your kid to work and budget his money will teach him valuable life skills. If you want to be supporting him well into his 30s, then go ahead, give him $400 a week for pot and Pizza Hut. Five years from now you'll be paying for his $150 cable package and 10 years from now you'll be giving him a down payment for his home.[/quote]

+1   I have a clear picture of why so many kids are graduating from college without a clue, angry and miserable because they cannot afford the standard of living right out college that mommy and daddy provided for them.  College is not just about gaining the academic skills to enter the work force.  It is also about gaining the life skills to enter the adult world.  After paying rent, utilities, car payments, insurance, student loans (in many cases), and funding reasonable savings, a lot of these kids are not going to have a lot of extra money to blow from their first employment.  Not all of these kids are getting big law jobs.

BTW, if my children don't exceed a 3.3 GPA, they won't lose their spending money they'll lose their tuition, room and board.  That too is a life lesson.  You don't do a good job for your employer, you get fired.  You screw around and don't do a good job academically, you lose your "academic scholarship" aka free ride from mom and dad.  [/quote]

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