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Adult Children
Reply to "Getting your adult kids "off the payroll""
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My kids have always worked and they know not to come to me for frivolous purchases. I have boys through. If I had a girl I would probably give her extra. Being a woman is expensive. [/quote] OP here. There's also the equity issue. The older child is out of college, has a salary, but lives in a high cost of living area. Her rent for a small bedroom in an apartment is nearly as much as my mortgage. There is no monthly allowance from a 529 anymore. She makes it work. The youngest is still in college. I'm taking care of her needs -- that's fine, she's still a dependent. But if I indulge in the "extras" then I feel like I need to give the older child "extras" too. Or, if the older child finds out her sister gets "extras" she might be hurt and resentful. I guess I, too, am still trying to move past the childhood era when I tried to treat them equally. I guess we'll see where we are in a couple of years when younger child graduates. That will be more of an apples-to-apples situation. I can just see their different financial habits and worry more about the younger one. [/quote] If you’re worried about financial habits, then you should teach her good financial habits. Maybe make her take a personal finance class? My kid did one that was online while he was in high school. Learned about how to invest and make money work for him, etc. That alone got him to stop wasting money on video games and start buying stocks.[/quote]
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