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College and University Discussion
Reply to "Reasonable allowance for college freshman?"
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[quote=Anonymous][quote=Anonymous]It really depends on the kid. My two teens were raised the same, but have opposite attitudes about money. DD is a spender and I fully admit I haven't done the best job at teaching her to budget. So she will be getting $100/week to start and once she's handling that well, I'll switch to giving her a monthly allowance. It will have to cover her many "wants" (extra clothes, going to movies, eating out) and I will continue to cover needs like books, essential clothing, etc. My younger child rarely spends any money and will probably be fine with $200/semester (and have some left over). You have to parent the child you have.[/quote] +1 my kid has mental health issues so tends to require a bit more support than her sibling.[/quote]
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