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Adult Children
Reply to "College student spending of mom and dad's money"
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[quote=Anonymous]MY kid has my credit card, but she is very careful about using it. She uses it to buy her train tickets home, medical expenses / toiletries, school supplies, and minor other things. I'll occasionally tell her to get dinner out on me if things are stressful. Otherwise she pays for things out of her earnings from summer/school year work. We did also give her $80 a month, (1/2 in checking, 1/2 in her savings) during her senior year of high school and kept that up during freshman and sophomore years of college. By then she didn't need our extra cash anymore. When we weren't paying for a meal plan, she could use our card at the grocery store but she's not the type to overspend, and if she was, we'd cut it off. [/quote]
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