^^^columbia dammit

My oldest graduated from Colombia and I gave him $600/mo. He also had significant merit aid so it really wasn’t an issue. Despite the hysteria on here my son is not dependent on me, I’d in his 20s and had an excellent job in finance making more money that most people posting in here. The investment has paid off well. His company is paying for him to get his MBA at Columbia.

My younger son is currently at Virginia Tech and we give him half that. Not much to buy in Blacksburg compared to NYC.

Both of them did not have jobs in college, though my older had very generous summer internships. Their job was to work hard in school.

Anonymous wrote:We never gave our kids allowances when they were in college. That’s why they had summer jobs! They graduated debt free thanks to us. We didn’t subsidize them upon graduation either. They got jobs and made their own way and they are doing very well.

So, either your kids made enough money to cover college costs, in which case your example is extremely out of date and not relevant, or you paid for your kids' tuition and board, in which case you certainly can't say they "made their own way."

Either way, your info is dated or irrelevant.

Anonymous wrote:We never gave our kids allowances when they were in college. That’s why they had summer jobs! They graduated debt free thanks to us. We didn’t subsidize them upon graduation either. They got jobs and made their own way and they are doing very well.

In earlier times, people got married and started their own families in their mid-teens. We don't do that anymore. Civilization progresses because *most* parents provide some higher structural foundation for their kids to start from. There is no glory in having started from zero.

Zero! We pay an enormous amount in tuition, room and board and that’s enough. Where is all the money your kid made working this summer?

Anonymous wrote:We gave $50 a month. We did NOT want our kid working the first semester. It's a big transition if going to college away from home - take the time to get into a routine.

I give my middle schooler slightly more than this. I understand giving a small amount, and making them earn the rest. I also understand giving them enough so that they don't have to work. This is neither.

We never gave our kids allowances when they were in college. That’s why they had summer jobs! They graduated debt free thanks to us. We didn’t subsidize them upon graduation either. They got jobs and made their own way and they are doing very well.

Anonymous wrote:

Anonymous wrote:Depends. How much beer and weed do you want to buy for them?

You are not going to prevent a kid from getting beer or weed if that's their inclination. With money, at least they'll be able to afford the good stuff.

Purple sticky punch--courtesy of Mom and Dad.

Anonymous wrote:Depends. How much beer and weed do you want to buy for them?

You are not going to prevent a kid from getting beer or weed if that's their inclination. With money, at least they'll be able to afford the good stuff.

Anonymous wrote:I gave them basically enough to cover a pizza once a week. What kind of entertainment to the $400/month poster? My kids also didn’t buy clothes at school. I paid for their transportation home.

Movies, nights out with friends, food and drinks outside of the cafeteria system, clothing beyond the basic necessities he has, the occasional Amazon order, etc. The money will be deposited in a checking account of his, topped up to 400 every month. He doesn't have to spend all of it. We raised him to generally have everything he wants/needs so he doesn't spend any additional money at home. In all of last year, he may have spent $1000 on himself. Away in college, his personal expenses will go up some. Really, the only thing we've had to reinforce with him is that the money we spend on him is for him only; He is not to be generous with his friends on our dime. In any case, this is our plan, we'll see how it goes. We can always adjust if it doesn't go well.

I gave them $50 a week for incidentals. My 2nd one will have on campus job for about 5 hours a week and will save that money just the way he/she saves their summer internship monies. This allows them to start saving money but still learn how to budget.

Depends. How much beer and weed do you want to buy for them?

$0, the kid can get a job. Or get a job during the summer to save money. College is a great time to start learning to be responsible for your own spending.

I do have a friend who places a couple hundred dollars under the sheets when she makes her kids beds. She uses it as an experiment for how long it takes the kid to wash their sheets.

I gave my son $75 a week during his freshman year last year. Requiring him to get a job for the upcoming year.

Anonymous wrote:

Anonymous wrote:$0. They can get a job and work 10 hours a week on campus, gain some paid work experience for their resume, learn some life lessons, and learn how to responsibly spend money they earn.

Seriously- I feel like this is a troll post. FFS.

you’re an idiot.

+1