Reply to Appropriate Allowance for Freshman in College

Forum Index » Money and Finances

Reply to "Appropriate Allowance for Freshman in College"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We never gave our kids allowances when they were in college. That’s why they had summer jobs! They graduated debt free thanks to us. We didn’t subsidize them upon graduation either. They got jobs and made their own way and they are doing very well. [/quote]

In earlier times, people got married and started their own families in their mid-teens. We don't do that anymore. Civilization progresses because *most* parents provide some higher structural foundation for their kids to start from. There is no glory in having started from zero.[/quote]

We paid 100% of our kids college costs but with no allowances. If that’s not “providing a higher structural foundation for their kids to start from” I don’t know what is! There is plenty of glory in earning your own spending money and then graduating and making a living without mommy and daddy’s help. At some point they need to get off the family payroll. [/quote]

PP here. To put this in perspective, even with in-state tuition, we are discussing a difference of maybe 10% for a good in-state university like UVA or UMD. This is not going to be meaningfully different in terms of the level of support provided. The difference between getting $40k from your parents versus $44k is insignificant. Spending $40k instead of $44k is not getting "off the family payroll". [/quote]

Huh? [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics