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[quote=Anonymous]I think that setting expectations is important.

For example, I purposefully got the cheapest tickets to the Taylor Swift concert (yes, already a privilege) while their friends were getting floor tickets. I didn't want them to be spoiled and set the bar so high that anything "less" is disappointing.

They are expected to work in high school when they can and we divert money to savings, have opened up a Roth IRA, etc.

I only buy pricey brands for them at Christmas. Otherwise, they need to pay for it themselves or sometimes I will pay "up to x dollars", whatever I think is reasonable for leggings, etc.

We rarely eat out or get take out, cooking most meals at home.

We have one car and use public transportation.

I think the biggest thing that is hard to prepare for is stress about money and how to cope with that. While we have a budget, the kids have never truly had to "go without." I think in the early post-college years it is best to not supplement except for rare things (family vacation) so they learn how to make hard choices.[/quote]

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