Anonymous wrote:Anonymous wrote:Anonymous wrote:Honestly every situation is different. My kid goes to a private in an expensive city and some of his friends only have what they make/made in summer and some have unlimited use of their parent's credit card. In our case, he gets 1k/month in spending money. Half from me and half from exh.
You're answering a question that wasn't asked. OP's kid is not in school.
Oh yes, I misread.
Anonymous wrote:I’m planning on helping DC after graduation. They will likely live on one of the coasts and rent is high. Im thinking first last security some basic furniture and then 1k per month and ween them off as their income increases. I’ve already paid a guzzillion dollars to put them through 20 years private schools and college, why would I make them suffer now?? They just need like 3 years before their income rises to level of fully supporting themselves in a big city. I’m okay with that.
Anonymous wrote:I’m planning on helping DC after graduation. They will likely live on one of the coasts and rent is high. Im thinking first last security some basic furniture and then 1k per month and ween them off as their income increases. I’ve already paid a guzzillion dollars to put them through 20 years private schools and college, why would I make them suffer now?? They just need like 3 years before their income rises to level of fully supporting themselves in a big city. I’m okay with that.
Anonymous wrote:Assuming no college loans to pay and kid is working a low-paying/entry level job in a high rent city like New York or San Francisco, how much do you cover financially? Rent, extras? Thinking ahead and would like to plan.
Anonymous wrote:I’m planning to help cover security deposits, will likely give them a car, and maybe help furnish but I’m done after that. They are welcome to live home the first year to save up if needed, we live in the DC area.