Surely this is one of those topics that's covered over & over here but i"m not seeing a thread that's really clear about it.
I'm wondering how much - if any - that you all are giving your kid once they're in college. In our situation, D has always had paying jobs and I haven't given her an allowance since 9th grade...she pays her own way. But I do buy some things...her prom dress...or I pay for dinner when we all go out....or backpacks for school, etc.
Now i'm wondering what we should do here...she won't be working at college (maybe starting 2nd semester but she's new to the city and would have to find a job first) and will have savings but no income. She'll be in the dorms, on a meal plan, no car.
So I had been thinking $25 a week....$100 a month. But my colleague (his D is now a sophomore) said, "no way! We do $100 a week and that's pretty common."
What do you all do? And do you break it down or just a lump sum?
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