How to budget summer earnings

CheddarcheeseMN
Fri, 23 Aug 2019 18:49:30 +0000

Well, since you asked, I think the 1/3 for long term savings is too much. Saving for a tangible future need like a security deposit on an apartment once he graduates is useful, but that is not likely to be s third. So my opinion is more spending money, less future saving ( given that he is already saving for loan repayments.)