Slightly off topic but on the subject of kids not understanding how much it costs to live, etc… One suggestion - make sure your student is paying ALL the bills themselves, even if you’re giving them the $. Tuition, room, board, etc. so they actually see how much is in their account before paying and after. And when they move off campus, try setting up a budget with them - food, electric, rent, etc. - and give them 6 months worth of that at the beginning of the semester. Let them learn to pay each one, watch for due dates, and see how much electric goes up in the winter lol. Then at the end of the semester, they update the rudimentary spreadsheet with actual costs and you jointly discuss if you need to adjust any categories for next 6 months. This has been a huge help to my son learning the basics of how to deal in the “real world”. That and having his own CC and seeing how much basic expenses of gas, nights out, and assorted expenses actually add up, even if they feel like they’re being frugal. Very enlightening!