Anonymous wrote:Anonymous wrote:Anonymous wrote:All these posters are judgmental in ways that are unhelpful.
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To be fair, OP’s question was how much other people give their kids, and most people have answered that, even if they also have expressed amazement at OP’s budget.
Yes, but the assumptions that the money is going to partying seem designed to invoke fear. I think it's much more likely the money is going to clothes/ restaurants/ massages etc. Sounds like OP is willing to pay for some of that -- OP set the initial budget of $1500 -- but OP hasn't made clear that DD is expected to save for emergencies out of the monthly allowance.
I think OP needs to have a serious budget conversation with the DD. Where is all the money going?
Anonymous wrote:Anonymous wrote:We give DD who attends college in Boston $1500 a month to cover food (outside of the
meal plan), transportation, and her extras like clothing, hair & nails, entertainment, etc. We fund everything else. So far, since August she’s spent all of it each month and doesn’t have anymore left by the end of the month. Our older kids, all boys, got the same amount of money, but there was always a lot left over every month. To me, $1500 is more than enough so, I believe she’s overspending. How much is your DD getting per month?
I consider us pretty rich -- so much so that I want my DD not work for $ during the semester, but rather have time for schoolwork and ECs -- and we give her $400 per month (she's on a meal plan). My DH thinks this amount is insanely large.
I don't know what your DD is spending all the money on, but perhaps she's eating out a lot?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Wow, i make seven figures and spend freely, but i don't think i spend $1500 a month on myself. I would have to invent stuff to spend on to go through that.
My DD is in her own college apt in NYC - food, utilities and a few outings with friends is easily 1200-1500 a month. Some kids at her school get much more.
I feel like parents of kids applying to college should be warned about schools where the social norm is for kids to go out on the town and spend money.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Ended up being about $1000 per month in an expensive city. Guess what? She’s now well-employed, happy and has asked for $0 since she moved into her first apartment. So we didn’t ruin her!
Yes you did
How so?
She has $$$$$ waiting for her in trust, so what does it matter, really?
OK, way to bury the lede. She has a trust. HAHAHAHAHA. GTFO
So she’s still “ruined” or nah?