How much should a parent fund bank account?

mdcissp
Tue, 22 Jul 2008 18:52:07 +0000

After the B of A discussion, I wonder if I should just put a thousand into a B of A account and not give my son any monthly money, just see how long the thousand lasts, or should I put $500. in the account and then add money. We had this discussion on CC about how much money a boy needs per month (I am guessing $200-300)to spend on extras (hair cut, zip car, etc.).My son said he is going to look for a part time job on campus. I heard that prices have really gone up in LA, so I still don’t know what to really expect. I just know that $300. a month pocket money can go fast here in a major East coast city.