Question:

How much allowance should I give?

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How much per week (or per month) should I give my 18 yr. old daughter who will be a freshman in college? She's living on campus and won't be taking her car 1st semester (so she won't need to pay for gas). She also has a mandatory meal plan. I know she'll spend how ever much I give her and be glad to have it, but I don't want to give too much or be cheap either. How much would you/ do you give your children? Students, How much allowance do you recieve? Thanks!

*We don't want her to have a job first semester so she can concentrate on school work.

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  1. well i don't know if you've ever heard of visa buxx or any one of those prepaid cards that you can transfer money in monthly, but those are good so in that way if you choose to give her 100 or 50 dollars a month when it runs out he cant ask you for cash, and it will also help her with money managing from now, that's what i had when i was 18, 100 dollars a month and now i own a restaurant!


  2. Since she does not have a car and does have a meal plan, I would say not that much is needed each month.  You need to look at how many meals a week is on the plan though.  Mine freshman year covered 12 meals a week and had some dining dollars too.  This left me with a need to buy food, like  snacks, cereal, drinks for the mini fridge, ramon noodles, and popcorn, for the other 9 meals a week.  There are also personal incidentals like shampoo, toilet paper (private bathroom?), and etc that need to be purchased here and there.  So....50 a month would be hard but she could do it if she shops frugally, uses the dining dollars properly, and eats cheaply like ramon noodles.  If she can't eat like that then 75-100.    

  3. Tough call, mine aren't that old yet. I'm kind of a cheapskate, but I would say 200 bucks should suffice a month, unless she needs clothes. Then you may want to take loan, buddy.

  4. i'm gonna be a freshmin this fall.. and my parent give me a $100 a month. it accually works fine.. they buys me my books, and everything i need for school.. i jus uses my allowance to buy food and novels..sometimes i dont need it.. so i jus saves my money...since there is not much things i want.

  5. id give her about 40/50 a month, 10/15 a week

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