Anonymous wrote:Anonymous wrote:My kid works during the summer, but no way do those earnings last longer than a couple of months in college. We absolutely send our kids spending money every month - usually between $100-200. The last thing we want is for them to constantly be worrying about money.
Exactly - I would rather send them a couple hundred bucks when they need it and they can focus on the grades. I don't assume it's for heroin, needles, snuff films, condoms, pot, grain alcohol, meth lab supplies, etc. It's just to get a pizza, some clothes, take a girlfriend out to see a movie. I don't get why so many people forking over $300k for college have a tough-love aneurysm over $1000-$1500.
You really pay for your kid's nights out at the club?Anonymous wrote:Anonymous wrote:My sons an athlete so on scholarship and can’t work.
About $500/ mth for food, etc plus $300 every blue moon for special events /bottle service nights/professional sorts eventsetc.
Excuse me what??
Anonymous wrote:NP but if parents are covering tuition, housing, food, phone, other technology, and clothing/shoes, I'm not sure why people think that money earned over the summer and winter breaks wouldn't be enough for other incidentals? What are your kids buying that costs so much money?
Anonymous wrote:My sons an athlete so on scholarship and can’t work.
About $500/ mth for food, etc plus $300 every blue moon for special events /bottle service nights/professional sorts eventsetc.
Anonymous wrote:Anonymous wrote:Now that the kid's off the meal plan, we do $200/month for groceries. but the first two years when he was on a meal plan, we didn't send money. That's why he had a summer job. What would he need additional money for?!
If you went to college or had the ability to remember, I think you'd know the answer to your own question.
Anonymous wrote:Anonymous wrote:Anonymous wrote:How much money do your kids make from summer jobs? Do they last all year. I am trying to figure out how wages from a summer job over three months last an entire year.
my kid made $15/hour this summer. That came out to be about $4500. Next summer he'll have an internship where he makes $25/hour. IF you are paying tuition, room, board, books, cell, insurance, that should be more than enough.
Same - I’m one of the “none” posters. Mine was clearing $22ish per hour with tips last summer, she’s got lots of money. She worked hard and takes some pride in being able to live within her means now ( excluding the ridiculous cost of a private university that her parents pay for of course…we are grateful for the aid we get but it’s still a ton of money.) It truly never occurred to me to provide her with an allowance, and I’m certain she wouldn’t accept it.
Anonymous wrote:Kudos to those parents that give their kids some cash. And I've never seen so many smug cheap-ass "no spending money" parents in one forum at one time. How hard is it to throw your kids some dough every month to have some enjoyment beyond studying their ass off? My son knows the value of money, already has had several jobs, but I'm not going to use the 1950's tough-love hyperbole during one of the best times of his life. He can have a couple hundred bucks when he needs it. What do you parents need it for, one more set of D-bag golf clubs or extra bespoke seat heaters for your latest Range Rover Double Supreme?
Anonymous wrote:Anonymous wrote:How much money do your kids make from summer jobs? Do they last all year. I am trying to figure out how wages from a summer job over three months last an entire year.
my kid made $15/hour this summer. That came out to be about $4500. Next summer he'll have an internship where he makes $25/hour. IF you are paying tuition, room, board, books, cell, insurance, that should be more than enough.