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[quote=Anonymous][quote=Anonymous]I worked my way through college.  My grades and social life suffered.  It all turned out okay for me but  I really wish my parents were able to provide for me so that I could advance my career rather than wait tables for so many hours.  I'm now a scientist and have students volunteering in my lab over the summer. These kids are getting so far ahead of where I was at their age not having to worry about earning money.  If you can do this for your kids I would and I will for my son.  I think taking advantage of career promoting internships still instills values of hard work but much more intellectually engaging.  That being said you want to make them stick to a reasonable budget and if they spend more than that they go without - like in the real world.  [/quote]

I agree with what you are saying, and for these reasons I am saving like a fiend for my kids' college educations and associated expenses.

That said, I do not intend to fund their every last want - they will need to earn their own pocket money (for extras, not food/clothing/tuition) via summer jobs or very part-time earnings during the school year.  And we will discuss the big expenses with them so that they see what the budget is, and where the money will be going/how we will allocate it.

I do not want them graduating from college without ever having experienced budgeting or saving.

There is a happy medium.[/quote]

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