To teach a kid about financial responsibility besides kicking them out at 18 or making a minor child pay for their basic necessities.
I’ve seen parents online talk about how they give their kids a “budget” each month for them to purchase their own hygiene products, for instance. While the child is not actually paying for their own hygiene products, they are learning to budget and weigh out their wants and needs. And many of these parents allow their children to put any money they don’t spend back into savings for them as an incentive for budgeting well. You can still help your kid learn to be responsible without making them fend for themselves!
Ill say it again - I think my parents model of doing this was great. made me pay for necessities from 15-18, but then started helping me out once I got to college. It truly was a "tough love" situation that did make me grow as a person.
I probably wouldnt do the same to my kids, but I think it was needed for me tbh.
zachbbs that’s great they provided that support for you throughout college! I’ve seen so many other ways that parents have helped their college age kids too. I’ve seen parents charge “rent” to live in their house, but all of that rent was put into a savings account to help them with a house down payment. I think tough love like your parents did or like some parents do with charging rent like that can be super helpful. I think it’s all about balance!
