I honestly can't decide. As a freshman, I would have died without help. My father paid for school but I was required to pay for my rent and food, etc. My scholarship (little one) helped with books for the first year. I want to teach my children that not everything in this world will be given to them on a silver platter. I hope that we are in a financial position to help. But I also want them to cherish their education and take adulthood seriously.....as they transition from my responsibility to their own. I saw my weathier friends make horrid choices and they were bailed out by their parents. It didn't seem to make a difference. They would just keep making bad choices. Guess I want to raise the bar with my own kids.
I like that Dave Ramsey guy. I like what he has to say about teaching kids about money. He starts them earning their own money and saving it for college really early.
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