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Replies to: Allowance

  • beadymombeadymom Registered User Posts: 664 Member
    My DS received a lot of money from graduation. That is what he is using for spending money. I am not giving him any extra.
  • SninerSniner Registered User Posts: 400 Member
    Whatever money we provide we provide in a lump sum and tell her to make it last. Budgeting is a good skill to learn. Kids today sometimes forget that their parents lifestyle is not theirs. Our lifestyles took MANY years of hard work to obtain.
  • SEA_tideSEA_tide Registered User Posts: 3,877 Senior Member
    How much money a student will spend also depends on their friends. For example, some of my friends were very comfortable financially and would think nothing of paying $25 for a dinner. Others would split a $5.00 Little Caesar's pizza and call it good. That alone makes a big difference in how much money one will spend.

    While I didn't have a budget per se, I was raised to be frugal and to always have money left over. All things considered, I probably spent less than I earned at my on-campus job, even without having a meal plan. I never went hungry and often had enough money for fancy foods such as wild salmon, swordfish, cheesecake, and petit fours. If I wanted something, I waited until it was on sale. For example instead of paying $55 for a air of flip flops, I waited until I saw them online for $15.
  • InvolvedmomFLInvolvedmomFL Registered User Posts: 414 Member
    @SEA_tide Yes- it is very true that it is easy to spend freely when one is around other people who are able to do so. It is important to know when to say, "No, I can't go tonight." It sounds like you are doing a good job. :)
  • mom2collegekidsmom2collegekids Forum Champion Financial Aid, Forum Champion Alabama Posts: 84,474 Forum Champion
    Kids today sometimes forget that their parents lifestyle is not theirs.

    Sooooo true. I think many kids who've had their parents funding social activities, dates, mani/pedis, designer handbags, and so forth will be in for a rude awakening when they are trying to live on a budget of a new-hire's salary. The things that they thought were necessities are not. lol
  • BocaTerpBocaTerp Registered User Posts: 195 Junior Member
    M2Kids...thanks for the info.
This discussion has been closed.