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College and University Discussion
Reply to "How much allowance money do you send your kid each week/month at college?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think the replies here are a self-selecting group. Everyone I know gives their kids spending $$, both when I was in college and now. And I grew up middle class (real middle class, not DCUM middle class). We had summer jobs, but it was not intended to cover all of our spending money at school. It is amusing to see all of the “I’ll pay $80k a year for school, but I’m not going to give my kid $100 a month for pizza” types on here. [/quote] You and your friends and most of DCUM (including me) are significantly wealthier than the average family.[/quote] My mom was a single mom making ~35,000 a year. I went to college on 100% financial aid but she still gave me 100/month spending money back in 2000 (and everyone else in my peer group got significantly more than that). I definitely think the posters here are a bunch of self righteous cheap skates.[/quote] It's pretty incredible that your mom was able to send you 3-4% of her annual income for spending money. You must have been so grateful, especially since so much of work-study in college goes straight to college costs. What a great mom. I wish I were as good at managing money as that. But I'm a single mom, too, and it's just my income + savings. I have two more kids still at home that I need to put through school, and my eldest is well-aware of our finances. When I have anything extra at the end of the month, it goes into retirement / college funds. I would love to spoil him with spending money, but I just can't swing it on a regular basis -- and like others, he wouldn't hear of it. Though of course it's hard to read this and not be envious that others are able to to support their kids so much better than I can -- financially, anyway. I know that we still have it good enough, in the scheme of things, but he works so hard, I do wish he didn't carry so much. I'll say that one of the nice things about going to a public school is that all of his friends work, too. And he is definitely proud of how self-sufficient he is. So that's nice. But I hardly think it's "better." Obviously if I could send him hundreds of dollars a month, that would be awesome![/quote]
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