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Money and Finances
Reply to "College Aged Child Overspends"
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[quote=Anonymous][quote=Anonymous]Mine does this too but I am letting it go for now because his 'overspending' is social activities. I can afford it and I don't want him missing out just to teach him financial lessons, which he basically knows.[/quote] Then you’re setting your kid up for a lifetime of not being able to budget and live below his means. Once he’s on his own he will expect a certain lifestyle and entertainment budget will be a huge part of that. We should be teaching the kids, not coddling them. This is why the younger generation can’t afford real estate. Prices are high, sure, but they grew up going to Starbucks all the time with mom and Zavazone with dad every time he doesn’t know what to do with them. [/quote]
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