On the flip side I have a good friend whose daughter graduated St. Olaf last year. She makes about $35,000/year. She lives in Minnesota. She has an apartment which is something like $800. She has a used car. She does have most of her education paid for which is a huge plus. She puts away money into two savings accounts monthly. She has a matching 401k. She doesn’t live high on the hog. Her parents give her no money at all. They are ecstatic! ?
She’s happy.
So it can be done.