She Gets None Of Your Money

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  • Опубликовано: 19 июн 2024
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Комментарии • 1,3 тыс.

  • @BagsNBaguettes_327
    @BagsNBaguettes_327 8 месяцев назад +308

    How lucky are these girls. When I was growing up, my hardworking parents who worked 2-3 jobs each, sat me down and said “honey we can’t afford to pay for college so you need to get good grades so you can get a scholarship”. At that time, I was angry because thought my parents were trying to hurt me. Instead, I worked by butt off and got not 1 but 2 scholarships where I had my bachelors degree completely paid for and money left over. I’m super grateful for that experience, in a way, it forced me to grow up. I went on 2 years after getting my bachelors to getting my MBA paying for it on my own. I’m so proud of the woman I’m becoming.

    • @Jaycv-dq3rg
      @Jaycv-dq3rg 8 месяцев назад +2

      Sure you sound like a liberal

    • @gsrat1
      @gsrat1 8 месяцев назад +2

      @@Jaycv-dq3rgwhat’s a liberal?

    • @soonermagic24
      @soonermagic24 8 месяцев назад +10

      @@Jaycv-dq3rga liberal would go 100k in debt, and expect others to cover their cost through government force. If she’s a liberal, I can applaud her approach on this one. But that’s the only thing we would agree on.. lol

    • @costco_pizza
      @costco_pizza 8 месяцев назад +2

      @@soonermagic24 Not exactly an easy thing to do to avoid such debt. A lot of people are struggling out there. We are suffering and don't know where our next meal is coming from. Student loan relief and a proper UBI would go a long way in helping us all out. We could pay our bills and put food on the table. Why don't Dr. John and Dave want that for us?

    • @joesmith3590
      @joesmith3590 8 месяцев назад

      @@costco_pizzano dad for sure.

  • @joen.9337
    @joen.9337 8 месяцев назад +471

    The parent should have said, I will pay for your tuition and provide you room and board at home. If you choose to live on campus or anywhere other than home, YOU will have to find a way to fund that part while the parent still funds the tuition part. Otherwise, if they withdraw all help because the adult child moves out, they are really trying to prevent the child from moving out entirely, and that is their main goal.

    • @wreckers_band8825
      @wreckers_band8825 8 месяцев назад +38

      That is what we did. We afgreed we will pay for their tuition. Once my daughter saw how much it was to live on campus she decided to live rent free at home. My 2nd child followed her steps and also lives at home. We have 5 large universities within a 18 miles radious so it pays off to live on a large metro area.

    • @goodgirlsguide
      @goodgirlsguide 8 месяцев назад

      Mum is financially control them to the point of abuse

    • @nickbargas7352
      @nickbargas7352 8 месяцев назад +7

      I did the same with my daughter. I also sweetened the pot by adding I will also pay your car insurance, maintenance and gas. She wanted to live at home with us anyways including her 2 dogs.

    • @justusbryce3392
      @justusbryce3392 8 месяцев назад +24

      There’s nothing wrong with their goal being to keep her at home through college.

    • @RA-dn2ic
      @RA-dn2ic 8 месяцев назад +28

      It’s the parent’s money so they set the rules on where the money goes.

  • @lorijharman-runyan6433
    @lorijharman-runyan6433 6 месяцев назад +74

    We live in the same area as the caller. Our daughters did the Running Start Program, they attended community college, for almost free, during their last two years on high school. They graduated high school with an AA degree. Then they both transferred local colleges. One lived at home & one got an apartment. We did not pay for the apartment, she worked, got a roommate & paid for it herself. Both graduated early with almost no debt. Both have good jobs. We have great schools in the Seattle/Tacoma area. There is no reason to spend more money than you have to for a quality education. When kids want to use the parents money, the parents get to make the rules. If the kids want something different, they can become adults & use their own money.

    • @daffydlwellen1270
      @daffydlwellen1270 3 месяца назад +4

      Our sons did "Middle College" where they finished highschool in the mornings and took college classes in the afternoon. Both entered Four year universities with most of their GE requirements completed at no cost to us.

    • @andrewheffel3565
      @andrewheffel3565 3 месяца назад +2

      You did great with your kids, and they did great and listened to you. They have a terrific start in life because you set them in a good direction.

    • @jennys2543
      @jennys2543 2 месяца назад +1

      That is great for your kids - sounds like you really did a fantastic job raising them. However, I respectfully disagree there is no reason to spend more money than you have to for a quality education. In my opinion, there is a massive benefit to a young adult's social development in moving out of the house and experiencing life in a different part of the country/state to broaden horizons. Living at home during college absolutely would have hindered my daughter's social growth. Furthermore, she spent her entire life in small private schools for various reasons so I really did not think she would thrive most in large public university setting. I floated the cost for her apartment in college because I wanted her to focus on her studies, socialization & unpaid research internships. She is happy & successfully financially independent now. There are a number of reasons a parent or child can spend a reasonable amount more on college than necessary.

    • @andrewheffel3565
      @andrewheffel3565 2 месяца назад

      @@jennys2543 I think you did great with your daughter’s education. It might have been a stretch for you financially, but I assume it was not ruinous. My wife and I put our two sons through out of state private universities, and it worked out very well for them. It was a struggle for us, it took my wife’s entire salary for about 5 years, but well worth it. What is not worth it is taking on ruinous debt the parents or student cannot recover from. A $150K student debt for a liberal arts degree they can never repay. It has to be doable.

    • @maggie2u135
      @maggie2u135 2 месяца назад +3

      We live in shoreline wa. Our granddaughter did the same thing as your daughters. the day after she got her high school diploma, she got her AA from Edmonds Community college. She started Western Washington University that Fall as a Junior.And as an added bonus, she was the only grandchild for her other grandparents and they started putting money into that tuition fund the State has when she was very young so most of her tuition was already paid for.

  • @jenniferboyd6556
    @jenniferboyd6556 8 месяцев назад +125

    Mom’s actual goal here is to keep them at home. She could pay tuition only, no room and board, to any schools they want to attend. It would cost the same as tuition and living at home. Clearly her motivation is to keep them with her.

    • @whatevergoesforme5129
      @whatevergoesforme5129 8 месяцев назад +13

      No issue for us Asians. Most of us know what goes on in dorms so for us, it is better to keep the children at home even though parents can't really know everything but at least the children are seen almost all the time and it is easier to know what is going on with them.

    • @gabolujan3109
      @gabolujan3109 8 месяцев назад

      The mom is protecting the girls from the sex that happens and being indoctrinated with lgtbq stuff

    • @Joenzinator
      @Joenzinator 8 месяцев назад +12

      @@whatevergoesforme5129 I lived in the dorms for 2 years. Nothing bad went on, just a lot of studying and video games. The dorms are a perfect stepping stone for someone to move out on their own. There are rules, so late night parties and alcohol are moderated.

    • @crashtestdummy1972
      @crashtestdummy1972 8 месяцев назад +11

      You are confused. The mom doesn't want to pay for board because they live close to colleges.

    • @crashtestdummy1972
      @crashtestdummy1972 8 месяцев назад +9

      ​@Joenzinator living in a dorm is a giant daycare. No skills learned from that. If you want living skills, get an apartment, a job and pay for it while going to school because life is hectic and itll teach you how balance your priorities

  • @nanaof07
    @nanaof07 8 месяцев назад +64

    We gave our daughter each a college education in state. If they wanted to go elsewhere they could pay the difference first daughter went in state about 4 hours away . 2 nd daughter wanted to go out of state ( boyfriend). But changed her mind when she didn’t want to pay difference. 3 rd daughter had baby upon graduation but still went to a local community college and became RN at 21 . 4 th went to same local community college. Free ride due to class standings. Then went to local university and got her masters in speech pathology. They all did something a little different. But we decided our bottom line is we would only pay the amount of in state tuition . Worked well for us 😊

    • @kbanghart
      @kbanghart 8 месяцев назад +2

      I hope it worked well for your kids too, meaning that I hope you weren't too controlling about it.

    • @nanaof07
      @nanaof07 8 месяцев назад +5

      @@kbanghart I sure did. They got to decide on everything. We just decided how much we were willing to pay. Cheers!

    • @karlmanning2603
      @karlmanning2603 7 месяцев назад +1

      Just curious, did the 2nd daughter stay with the boyfriend? 🤔

    • @nanaof07
      @nanaof07 7 месяцев назад

      @@karlmanning2603 yes. For a long time.

  • @blackwolf_1_164
    @blackwolf_1_164 2 месяца назад +24

    This mom is completely right. She said here's the conditions for our help to all her kids. The kids can take it or leave it. To give a different deal to each kid is unfair and breeds resentment.

  • @lowermichigan4437
    @lowermichigan4437 7 месяцев назад +12

    My father set a hard rule for him to help pay for my university. I had to accept his new wife and turn my back on my mother. This was the woman he left his family for. I think it has been almost 2 decades since he and I last spoke.
    Set your rules but don't be surprised when you will no longer be part of her life or at a minimum damage that relationship.

    • @patriciaalbertson5183
      @patriciaalbertson5183 4 месяца назад +1

      This is not the same situation at all.. your Dad was forcing you to ignore your own Mother?!! These people are not doing that. Mom is thinking about wasted dollars and perhaps trying to avoid missing her daughter

    • @ecclairmayo4153
      @ecclairmayo4153 4 месяца назад

      I'm so sorry you went through that kind of abusive manipulation.❤ I take it you didn't go for it. Even if you did, that's okay as you were under duress. Did you end up moving out and taking loans?

  • @lyndahempt1405
    @lyndahempt1405 8 месяцев назад +25

    If you give in then the other kids will resent it. As a widowed mom I had to make some hard decisions with my youngest. I didn’t pay for his older siblings’ phones, car, etc so I kept the same rules. He had his needs met but not wants. He got a job at 16 and paid for his own car & phone. He is completely financially responsible.

  • @lindamanning4193
    @lindamanning4193 7 месяцев назад +23

    You have to keep with your payment agreements. I told daughter I would pay for college ( divorced and dad gave nothing. I worked 6 days a week. She ended up with a 50 dollar loan a month after graduation. My rule was if I paid for college then upon her getting married it would be up to them to pay. I did pay for her dress. After 10 years a divorce. I am glad I stuck with my decision.

  • @greg_216
    @greg_216 8 месяцев назад +151

    My parents sat me down and ran over the college budget: we'll fund this much per year. The choice of university and potential debt load was entirely up to me. And having grown up with parents who weren't controlling, I was happy to seek out their opinions on a lot of stuff that went into choosing a university. Sort of the opposite of this situation.

    • @Joenzinator
      @Joenzinator 8 месяцев назад +13

      Sounds like you had great parents. This is what raising an adult looks like.

    • @7sedumct
      @7sedumct 6 месяцев назад +7

      This is what we did with our kids. We funded a fixed amount of their bachelor's degrees, and the balance was up to them to fund. All five chose different schools based largely on scholarship packages offered. It has worked out very well and they all had skin in the game without taking on overwhelming debt.

    • @jaquandrejones
      @jaquandrejones 6 месяцев назад

      ​@@Joenzinator​that's what raising as adult looks lik IF you have "we'll help you with college" type bread

    • @kovu159
      @kovu159 6 месяцев назад +1

      Their money, their rules.

    • @kovu159
      @kovu159 6 месяцев назад

      Being an adult means you control your own money. Of the parents are only going to pay for college if the kids stay at home, then the kids can make up their own mind.

  • @jennifertackett2241
    @jennifertackett2241 8 месяцев назад +82

    My mother wanted me to do the same thing...live at home rent-free and go to a local community College for the first 2 years. Only problem is that she wasn't offering to pay the tuition. That was still on me, so I chose to go my own way to the college of my choosing. So glad I did.

    • @shb8212
      @shb8212 4 месяца назад +3

      How was that a problem? She offered you free place to stay.

    • @jennifertackett2241
      @jennifertackett2241 4 месяца назад

      @@shb8212 It was more of a control issue with her.

    • @hr3178
      @hr3178 3 месяца назад +1

      This is your choice and it is fine. But I assume you were not complaining about it.

    • @jennifertackett2241
      @jennifertackett2241 3 месяца назад +1

      @hr3178 I didn't take her up on the offer, as there were strings attached.

    • @hr3178
      @hr3178 3 месяца назад +1

      @@jennifertackett2241 Most things in life have strings attached. Good thing is that as an adult you can choose, and you did. What I wanted to say is: You can make your own choices and turn down offers if you don't agree with the conditions. But it is totally fine if someone attaches strings to their offers. I personally probably wouldn't attach the same strings. I might say: Here is the annual budget. If you need more, you have to cover the difference. But everyone can make their rules. As an adult you are in the good position not having to accept them anymore, like when you were a kid.

  • @drewdelaney4166
    @drewdelaney4166 8 месяцев назад +34

    My mother cried her eyes out when I told her I’m leaving for the Navy in 6 months. We were all living in my step fathers house and he was over the moon when I told him I’m leaving. He says good. Finally someone get you moving. If my mom had her own life and her own voice I probably would have never joined the military because it would have been so comfortable staying at home doing as a please

    • @whatevergoesforme5129
      @whatevergoesforme5129 8 месяцев назад +7

      This is what Asians, and even Asians in the US, don't get. Why is staying at home equivalent doing as you please? We were given chores by our parents and we helped pay the bills when we started working but still lived with them.
      And for those other Asian children who don't need to do chores because Asian mom will do the chores with or without a maid, they are expected to do well in school and get good jobs later.
      Of course, our culture is also about taking care of the family so parents take care of their children and give them the support needed to be successful in life and in return children help take care of their parents in their old age, even though the parents have money of their own in their old age (like with my own parents, thank God).
      That being said, I also know this mindset and cultural traits are not perfect. It is what it is.

    • @lisak1355
      @lisak1355 7 месяцев назад

      Your mother is right. She didn't give birth to you to see you die a young man occupying someone else's land/waters for the benefit of the big guys running your country.

    • @USMC6976
      @USMC6976 5 месяцев назад +3

      My mom took me to the Marine recruiter the day I was graduating.

    • @drewdelaney4166
      @drewdelaney4166 5 месяцев назад +2

      @@USMC6976 differing types of mothers out there lol. My best friend in high school joined the marines and his mother threatened to call the police on the recruiter if he stepped foot in her property. Lol she was a bit much.

    • @axt2
      @axt2 4 месяца назад +1

      @@whatevergoesforme5129 Considering how well many asian immigrants do in the USA I would hardly fault you for pointing out the obvious strengths of your cultural background

  • @hanney3194
    @hanney3194 8 месяцев назад +19

    Proud of you Dr. John for sticking up for yourself at the end

  • @MattyLiam333
    @MattyLiam333 6 месяцев назад +15

    Teaching parents how to be better parents. I needed this. I have a 20-year-old in college right now.

  • @LoveOnTheEdge1705
    @LoveOnTheEdge1705 День назад +1

    Oh my! Mom is struggling. My husband and I both paid for college ourselves. It was hard and expensive but we did it. It is a blessing when you have the aid.

  • @jhonilocran6077
    @jhonilocran6077 8 месяцев назад +173

    Lady, let your kids grow up..I refuse to believe she just doesn’t want to pay for room and board.

    • @eurekahope5310
      @eurekahope5310 8 месяцев назад +33

      They can grow up at their own expense, not hers. THAT is growing up.

    • @Petra-ms3ku
      @Petra-ms3ku 8 месяцев назад +49

      I’m hearing this too. This is a woman’s desperate for control.

    • @Joyjoyjoy4
      @Joyjoyjoy4 8 месяцев назад +20

      She wants to control her

    • @llan_mi2420
      @llan_mi2420 8 месяцев назад +18

      That, and she really wants to be able to get the ego trip for paying for her kid's education. This is the problem I see with a lot of parents who fund any major expense for their kids, be it a wedding, housing, education, etc. Many, many parents really just want the ability to have collateral over their adult children's lives and have an excuse to be inappropriately involved in their lives because "I did this for you" and/or they want the status and ego-tripping rights from other adults in their lives for doing something so "beneficent" or "self-sacrificial" for their "kids" aka their ego-trip cows. I know there are a lot of parents out there who do have good motives, but I think there are just as many, if not more, who feel they deserve a gold medal and permanent servitude from their kids for doing something like this.

    • @anknjv9211
      @anknjv9211 8 месяцев назад

      @@eurekahope5310not really though, while i get it, the situation seems so be less about the money and more about establishing control. Which is counterproductive when engaging with the experience of university where the entire point is to learn self sufficiency in terms of professional development and personal development.

  • @joannegibson-lucas3791
    @joannegibson-lucas3791 6 месяцев назад +20

    My daughter went to college on scholarships and I cash flowed the rest. Every bit of the income I earned went to pay for her college. I am extremely grateful to do this for her. She is now earning a good income, no loans, and driving a paid for, nice vehicle her grandparents had. I encourage her to invest her money and save because she is fortunate.

  • @LauraLParr
    @LauraLParr 3 месяца назад +9

    I feel like both the daughter and mom need this experience. Mom is projecting her fears and daughter needs a reality dose and opportunity to make mistakes

  • @N2H75
    @N2H75 8 месяцев назад +42

    Yikes wow mom sounds super controlling. Respecting your young college student is about negotiating with them. "We refuse to let them move out." and then upset because it feels so WRONG. Maybe because it is WRONG. If the kids want that experience how can you say yes? Does it mean they need a part time job or more scholarships? Why are you setting them up to submit or cut ties as the ONLY option? Ask yourself that.

    • @drtij_dzienz
      @drtij_dzienz 8 месяцев назад

      That kids going to enjoy sending her to the Medicare-quality nursing home someday

    • @yit555
      @yit555 8 месяцев назад +1

      Nothing controlling about it. Their money, their rules. They’re trying to set their daughters up for success. If their daughters don’t want their money, they know where the door is. Parents will still love them, but won’t participate in their ridiculous decision to go $50k+ into debt.

    • @balto6873
      @balto6873 8 месяцев назад +6

      NAILED IT! I think it about control

    • @eddier115
      @eddier115 8 месяцев назад +2

      I agree, but at the end of the daybits her money. And to be fair the culture now is crazy especially with hookup culture. She may be trying to protect them

    • @drtij_dzienz
      @drtij_dzienz 8 месяцев назад +3

      @@eddier115 it’s all fun and games until you wake up one day and your kids don’t let you visit grandkids because you were petty and vindictive towards them earlier. At that point even trying to control them over inheritance won’t work

  • @Petra-ms3ku
    @Petra-ms3ku 8 месяцев назад +50

    Wow. I was the oldest. I was the de facto parent for the younger siblings. Of course my parents were paying for school ONLY if I stayed home. They also claimed me on their taxes after I moved out so I couldn’t get aid. It was WORTH IT. We’re not hearing the whole story.

    • @yit555
      @yit555 8 месяцев назад +8

      Not a hard concept, follow your parents rules, and they will provide college funds. They never forced you to stay there, you could always opt out. This is a great parenting strategy: rewarding good decisions, while choosing not to participate in the bad ones.

    • @patriciaalbertson5183
      @patriciaalbertson5183 8 месяцев назад +6

      That happened to me too! Oldest, Taxas claimed.... Bare bones help, thou... I was serious

    • @kbanghart
      @kbanghart 8 месяцев назад +8

      ​@@yit555It's interesting, me and my wife have money for our kids but we're not requiring them to stay home.

    • @fedguy9182
      @fedguy9182 7 месяцев назад

      @@backtree0075The daughter can go wherever she wants but she can pay for it. Daughter has a choice and parents have no obligation to pay for higher education-mine didn’t and I managed to get a bachelor degree from a State school. Just took a few extra years as I worked to pay for it. College is becoming a scam pumping out useless degrees at extortion level cost

    • @patriciaalbertson5183
      @patriciaalbertson5183 4 месяца назад

      Oh yikes. That happened to Me too

  • @user-kp6we9qw7i
    @user-kp6we9qw7i 7 месяцев назад +17

    I wish we could’ve heard John’s perspective more during this call. I love his input and knowledge.

  • @janelleg597
    @janelleg597 8 месяцев назад +34

    Lady. Stop blubbering. Let her go. She's a freakin adult

    • @Sheryl777
      @Sheryl777 8 месяцев назад +3

      @janelleg597 it doesn't hurt anything though for the parent to sit down with their adult child and talk things over though and explain where the parent is coming from as far as paying or not paying for college, (as both Dave and John suggested), if the adult child would be willing to do that with the parent. I think, even if the parent and child disagree with each other, it's good to have communication back and forth if at all possible.

    • @maryjane-vx4dd
      @maryjane-vx4dd 8 месяцев назад +5

      She's not stopping her daughter from going to the school 6 hrs away. She's just not paying for it. Let the daughter adult and be responsible for her decisions.

    • @alinatamashevich3354
      @alinatamashevich3354 8 месяцев назад +1

      @@maryjane-vx4dd Bingo

  • @b.bernal6151
    @b.bernal6151 6 месяцев назад +9

    Financially the mother is doing the right thing. She has to let her daughter fall on her face and learn her lesson. I have a feeling she’ll return home within six months. She sounds like a mom that really cares and probably spoils these girls.

  • @brandonevans2588
    @brandonevans2588 8 месяцев назад +13

    Bravo to this lady! I have 6 girls (7, 8, 9, 11,12, 18). 529 plans setup early w/ small regular contributions. My oldest just started college. She knew how much money she had and understood this was the best we could do. She made the decision to stay in state for the smart financial reason that her money would go farther. I think this is a priceless lesson and I am glad she understood. This lady is doing the right thing and needs to understand that everyone learns the lessons differently. My parents had no money for my education. I learned that loans suck and education is expensive. This lady learned that debt sucks and was trying to teach her kids that lesson. Some people learn the hard way. She did her best.

    • @matthewdorso4302
      @matthewdorso4302 7 месяцев назад +3

      Oh my goodness I hope you don’t make the same mistake this woman is making. Allow your kids to go to the school of their choice with an option to live at home, pay the same tuition for each kid, and let them decide. What is really going on here is the mother wants the daughter to stay at home. Why else would it matter if her daughter can just pay for her own room and board? It’s a control issue, and I don’t blame the daughter for leaving. I would do the same thing. This is sad!

    • @CrypticCobra
      @CrypticCobra 6 месяцев назад

      What happened 12 years ago where you decided you wanted to be a full time baby factory? lol.

  • @pamelacagno2878
    @pamelacagno2878 8 месяцев назад +49

    Parents are not obligated to pay for ANY of their kids college costs!

    • @edhcb9359
      @edhcb9359 8 месяцев назад +2

      That’s right! They can live with the rest of their lives instead! That will show them!

    • @pamelacagno2878
      @pamelacagno2878 8 месяцев назад +5

      Those parents should be saving for their retirement! The kids have their whole life to pay off their" bad decisions" i.e. college.

    • @edhcb9359
      @edhcb9359 8 месяцев назад +1

      @@pamelacagno2878 Parents arent saving for retirement though. Have you seen the statistics? They buy cars and crap they don’t need and make their own kids take on debt. Statistically speaking.

    • @pamelacagno2878
      @pamelacagno2878 8 месяцев назад

      @@edhcb9359 Speak for yourself. I said what I said!

    • @aolvaar8792
      @aolvaar8792 8 месяцев назад

      @@pamelacagno2878 I graduated in 1980 and took my mineral engineering degree overseas.
      ~$100K/yr, tropical diseases and light sniper fire.
      An alumnus offered to pay for my education, FREE.
      bad decisions i.e. college?????

  • @captpepin
    @captpepin 7 месяцев назад +11

    Based on the conversation and what she did with other kids, parents should contribute to the State College the same amount that local state school cost. No more, no less.

  • @user-mv9tt4st9k
    @user-mv9tt4st9k 8 месяцев назад +14

    This child is playing mom, and it is working. "I will pay for her groceries," "It pains me..." "She is taking loans." Great advice about dad; dad needs to have a heart to heart and lovingly repeat the rules and let her know that the rule will stand and why. This daughter may be the entitled outlier and kids like that tend to cause resentment with siblings that can spread to the rest of the family.

    • @kristic4472
      @kristic4472 5 месяцев назад +1

      this has obviously been the conditions set for awhile now, dad needs to Stand Up and Support his Wife and stop undermining her.

  • @JM-zv5bi
    @JM-zv5bi 4 месяца назад +5

    Look, I rarely comment on things I find on RUclips. But the bottom line is that is cheaper to live at home than it is to board. Just because somebody is your parents doesn’t mean that they’re made out of money! These kids are blessed that their parents can help them with their tuition. Many people just can’t afford to send their children to college. Especially when there are multiple kids.

    • @ecclairmayo4153
      @ecclairmayo4153 4 месяца назад +1

      Exactly. Its the start of possibly many big ticket items a parent might pay for over the next decade for their adult kid. Then, it could derail retirement plans. Its weird that people don't see this. It's more than just the kid in the scenario. The parent is in it too and they aren't made of money.

  • @bruceellenburg429
    @bruceellenburg429 2 месяца назад +5

    I have a 4 year degree, my parents didn't pay a dime. It was a former employer who helpbut I paid for most of it.
    These kids are sooo unappreciative

  • @M22Research
    @M22Research 8 месяцев назад +48

    Too late for this family because one daughter is already in college, but for others considering a similar path - if finances are the issue, consider committing to fund tuition only. That way your kids can choose to live at home and save room & board…. or they can can choose attend farther away and fund room & board themselves.
    BTW, parents getting too authoritarian in choosing what schools their kids attend can be a huge mistake. Part of growing up and becoming independent is selecting the school that is the best match for yourself. A kid at a school that is a bad match will likely backfire. Parents of four kids and while we offered our opinions on various schools, not once did we say you have to go to this school or we’re not helping to pay.

    • @robertbowman9108
      @robertbowman9108 8 месяцев назад +3

      My god. Colleges have done such a good job selling themselves as more than what they are. You can buy a degree anywhere, why intentionally spend more than you have to

    • @TheChocoboWhisperer
      @TheChocoboWhisperer 8 месяцев назад +10

      ​@@robertbowman9108This idea that all colleges give the same degree is a cope from people who couldn't get into the top colleges. You're missing out on networking and the brand name that gets you noticed in a pile of applicants.

    • @M22Research
      @M22Research 8 месяцев назад

      @@robertbowman9108 while the US higher education system is clearly broken and even corrupt, both educationally and financially, the fact remains, for the time being, a college degree is typically required, and at least for the first few high potential jobs, which school can matter. But it does appear tech companies, particularly are becoming less finicky about college degrees.

    • @aolvaar8792
      @aolvaar8792 8 месяцев назад

      @@robertbowman9108
      I graduated from a #1 University,
      the Highest Median Starting Salary from a public institution in the USA.
      $1000/yr tuition in the late 70's
      An alumni offered to pay for my education (tradition),
      I wrote him a Thank You letter at 16 yrs old.
      You can buy a degree anywhere. ??????
      Maybe a degree, but not that degree.

    • @TheSonyExperience
      @TheSonyExperience 8 месяцев назад

      Yeah… that rational is why student loans are crushing Americans. They don’t understand anything other than what they have been sold. If my child wants my money they will follow my rules or they can fund it themselves. Period

  • @trinamcgarvey-vw7ke
    @trinamcgarvey-vw7ke 5 месяцев назад +2

    Now that mother made this line, she must stand firm or it is not fair to her other children. And they would hold that against her and their sister forever.

  • @NYNC88
    @NYNC88 8 месяцев назад +46

    What would it cost you to pay for college if they live at home? Offer them that amount of money and let them figure it out. That's fair for everyone.

    • @furballdf
      @furballdf 8 месяцев назад +15

      Exactly. I was thinking the same thing. No need for choosing between two extremes when intermediate possibilities exist.

    • @drtij_dzienz
      @drtij_dzienz 8 месяцев назад +8

      Yeah being petty, controlling, and vindictive over something as benign as “going to an in-state college” is a horrible way to start an adult child-parent relationship. Could see this kid going non-contact, withholding grandkids in the future, etc.

    • @AmukaAkuma
      @AmukaAkuma 8 месяцев назад +8

      Except for the daughter that is following the rules. They may feel slighted because the "favorite" daughter got to live on campus. Either everyone is offered the same privilege's (parents are NOT obligated to pay for college), or she gets to pay for having the college experience.

    • @KiLLED5639
      @KiLLED5639 8 месяцев назад +2

      This is a good point. This is a test for the mother, who seems to be in control of everything, to learn to relinquish control and let her young adults understand the gravity of their decisions.

    • @dustinp161
      @dustinp161 8 месяцев назад +6

      From a financial standpoint the mom is right. Out of state tuition is significantly higher than in-state. Why would you spend the extra money if you didn’t have to?

  • @PositiveVibesVids
    @PositiveVibesVids 8 месяцев назад +6

    My parents gave me the option to go to any school I want.. or take the scholarship I got in state.. so I sacrificed my college life to save my family money while they used my college savings to fund my brother's tuition.
    When I graduated they bought me a house as a gift- granted I pay the mortgage , and now I have 2 properties going on 3.
    And my older brother still rents.
    The irony is I'm the one who dealt with addiction and near drove my family apart before I got sober.

  • @yeseniaramirez1751
    @yeseniaramirez1751 7 месяцев назад +7

    The young lady is blessed that her parents can pay for school and live at home for free. Thankfully, I lived at home for free. As long as I worked or went to school, that was the rule. My parents helped when they could with school. But I worked 3 jobs and was a PT student to pay for school. In the end, I had no loans. I graduated but don't even use my degree. I work in accounting and make decent money. I moved out when I married. My now husband, too, lived with his parents and went to school. After we both graduated, we got married and had enough money for an inexpensive wedding and purchased a home with our savings. I guess the living at home isn't something weird in our hispanic culture. I was blessed to live with my parents for as long as I did. I love my parents a lot, and now, as an adult, I see why they let me live at home for free. If the young lady gets along with her parents, she should really think about staying at home. But to each there own.

  • @1jw298
    @1jw298 8 месяцев назад +6

    And that girl will be the most self sufficient one when it’s all said and done. Responsibility

    • @user-lm6me2tz9t
      @user-lm6me2tz9t Месяц назад

      yeah, because she wants to go further away to learn "self sufficiency" and strive for an independent life and not to lead/experience the "college life on campus" ... come on, we weren't born yesterday. ;)

  • @sharonbohannon1219
    @sharonbohannon1219 4 месяца назад +10

    I moved out of home 3 months after high school graduation. My Dad always said he’s never paying for our college. He thought college was worthless. (This was 1963.) So I got a job and an apartment and never looked back. I realize it’s a different world today. But I gained independence and that, I think, is what is important. Live and learn.

  • @birdseye2239
    @birdseye2239 8 месяцев назад +110

    Ironically she's going to force her kids to go get student loan debt to get away from mommy

    • @IceMan0003
      @IceMan0003 8 месяцев назад +20

      Where is the gun? How is she 'forcing' them?

    • @AmukaAkuma
      @AmukaAkuma 8 месяцев назад +10

      Yeah, it's either college or your life is over. smh

    • @birdseye2239
      @birdseye2239 8 месяцев назад

      They would like to go to college with a feeling of independence. To go out in the world without a babysitter. That's a healthy want. This stinks of an over-controlling over-protective mother who doesn't want to lose control. Most parents her age would look forward to having the kids out of the house. Not this one. She doesn't want to give up parenthood. I think someone of college age would be willing to take out student loans in order to have a better college experience away from mommy@@IceMan0003

    • @mycupoverflows7811
      @mycupoverflows7811 8 месяцев назад +1

      They can go get a job and move out. These comments are so black and white. There's life without college degrees.

    • @Sian660
      @Sian660 8 месяцев назад +5

      They could chose to go into trades or just make sure they get a sensible loan. I got a sensible loan so I could move out. Sure I wouldn’t set it up that way because I think it’s important for young people to live outside of home coz then you get more realistic about how bad the home situation was with mum and Dad vs housemates *shudder*. But I get the parents decision on this, with very little money to find their kids college and plenty of schools in the area it’s a common sense choice to ensure they had enough money to send all their kids to college.

  • @sinclairal
    @sinclairal 8 месяцев назад +11

    I would opt out too. Mom sounds very controlling. Why would she not give her tuition still. Also living at home at that age is lame. You got to get out there and learn and be around others.

    • @yit555
      @yit555 8 месяцев назад +2

      Tuition at state schools are way more expensive. And either way, her money, her rules.

  • @thatssjess9533
    @thatssjess9533 8 месяцев назад +17

    Pay for school then. Not room and board. They can find a job or scholarship. Otherwise it just seems controlling and theyll grow up cutting contact.

    • @eurekahope5310
      @eurekahope5310 8 месяцев назад +2

      Not necessarily. Growing up means paying your way. Two of my siblings followed our parents guidelines for financial assistance for college, one did not. We all still get along. In fact, the one who went their way is now the closest to our parents.

    • @dcg590
      @dcg590 8 месяцев назад +3

      Nope. If she doesn’t want to adhere to the boundaries she will pay the consequences. People are too soft now

    • @Nonsense116
      @Nonsense116 8 месяцев назад

      Nope, it's the moms money she gets to set rules for the money. Esepcially if its tens of thousands of dollars. My parents didn't pay my way and we are just fine.

    • @yit555
      @yit555 8 месяцев назад +3

      Mom isn’t obligated to offer them a cent for college. She’s offering a gift that will set them up for life. Her daughter can take it or leave it, her choice.

    • @thatssjess9533
      @thatssjess9533 8 месяцев назад

      ​@eurekahope5310 but this caller seems very focused on the money. If its about money, she can allow her daughter to get scrappy and innovative to figure out a way to pay for room and board. Im glad in the scenario you mentioned everyone's still close, but it doesnt always happen that way.

  • @gribble2979
    @gribble2979 3 месяца назад +1

    My husband and I worked our way through college, our children and their spouses did the same, and now our grandchildren are working their way through college. No loans or debt upon graduation. We told our children the only thing we could contribute to their education was to let them live at home and not charge rent while they were actively going to school. We told them we were focusing on preparing for our retirement so we would never be a burden to them. All our children and grandchildren are financially successful and very responsible, plus they will never have to support us as we age.

  • @briankowald6465
    @briankowald6465 8 месяцев назад +20

    She could say “I’ll pay tuition only”

    • @angelaresener4235
      @angelaresener4235 2 месяца назад

      That's what we did. One has a student loan debt and no degree. One is halfway done with no debt planning to live here until he's done.

    • @JoanneNjeri-ef6sz
      @JoanneNjeri-ef6sz 2 месяца назад

      It’s her money and her mouth. She said what she said.

    • @lgrrf
      @lgrrf 2 месяца назад

      ​@@JoanneNjeri-ef6sz and her arrogance can cost her losing her child.

    • @JoanneNjeri-ef6sz
      @JoanneNjeri-ef6sz 2 месяца назад

      @@lgrrf And what does that say about the child who doesn’t talk to their mom because she didn’t pay their college tuition? When they had an option to have it paid for? Not such a big loss if their child is that entitled

    • @JoanneNjeri-ef6sz
      @JoanneNjeri-ef6sz 2 месяца назад

      @@lgrrf do you extort your parents like that if you don’t get your way?

  • @radioheadfanlove
    @radioheadfanlove 8 месяцев назад +17

    What a beautiful dad Dave is!!!! I respect the heck out of this man. Thank you Dave for sharing some of that "papa Dave" tough love with all of us! :) ❤

  • @BrianaBudgets
    @BrianaBudgets 6 месяцев назад +27

    What’s so bad about going off to college? I stayed home for college because I had no direction in life and I really wish I could’ve had the college experience. There’s nothing wrong with her daughter wanting to go live at college. Sounds like controlling parents to me.

    • @CrypticCobra
      @CrypticCobra 6 месяцев назад +12

      Who's more controlling, the one that is willing to give a free handout to someone with conditions, or the one saying they want the free handout and to ignore the conditions?
      I think it's pretty clear who is more controlling. If you don't want the handout don't take it, arguing that the conditions of a free handout are "unfair" is pretty damn controlling.

    • @beckycaughel7557
      @beckycaughel7557 5 месяцев назад +1

      Not over, controlling at all, they offered to pay for college for their adult children. That actually is not an obligation of a parent. That’s the obligation of the student but they’re willing to pay for it all. They just want them to go to school they can live at home it’s cheaper they don’t have to pay to live in a dorm. They don’t have to pay the price for Dining. The school their daughter picked requires them to live on campus and requires that they participate in the Dining program. That’s a lot of extra money and it’s simply possible that her parents can’t pay all that extra mom said she was willing to give her money for groceries. She shouldn’t do that because part of the requirement of that school is it is that they have to pay for dining. So that’s covered. It’s perfectly OK if the daughter thinks she’s better off for her future go to this other school but then she’s gotta figure out how to pay for it.

    • @plushrush
      @plushrush 5 месяцев назад +1

      Is this being said by a person who wanted their parents to fund their party lifestyle, the college experience means an education-the rest is high school.

    • @jillianmaher894
      @jillianmaher894 5 месяцев назад +1

      This isn't a college issue. It's a money issue. She wants them to get out of college debt free. And wants them to not have to struggle for rent/good. She makes sense. Except I would offer tuition and room and board or if you live on your own I'll cover tuition but you're on your own for dorms and food.

    • @Snesboy09
      @Snesboy09 Месяц назад

      Probably doesn't want her daughters to turn into whores and going into massive debt.

  • @masterfig9093
    @masterfig9093 2 месяца назад +1

    Yeah, I agree with others. Why not say you opted out of free room. We'll still help pay for tuition, but you're on your own for your room & board.

  • @bradycone
    @bradycone 8 месяцев назад +17

    Dave is way too harsh on these calls with parents. Maybe the kid wants to escape a control freak mom?
    Also, Dave telling her sign nothing is ridiculous. You need your parents to do the FASFA for most scolarships and grants. So does Dave not want her to get scholarships?

    • @Nonsense116
      @Nonsense116 8 месяцев назад +1

      He probably meant sign nothing as in don't co-sign some loan or start some parent-plus loan. When I did FASFA all I needed from my parents were social security numbers and some numbers on what if any assets they held. FASFA essentially tries to see if your parents have tons of money and if they do they won't offer you much because they expect your parents to pay for you

    • @yit555
      @yit555 8 месяцев назад +2

      Obviously he’s saying not to co-sign loans. And the parents aren’t forcing their kids to stay at home, they’re just choosing not to participate in their daughter’s ridiculous decision to go $50k+ into debt.

    • @bradycone
      @bradycone 8 месяцев назад +2

      @yit555 That might be what he meant, but that's not what he said. He told her not to sign "anything." With as controlling and vindictive as this mom seems, I can now see her refusing to sign the FASFA, because Dave told her not to sign anything since her daughter "opted out."

    • @tkdevlop
      @tkdevlop 8 месяцев назад

      What you expect from a person who fire his employee if they engage pre marridle s*x. It straight up capitalist control

    • @music_channel7157
      @music_channel7157 8 месяцев назад +1

      @@bradycone Bet your parents got a load of you...

  • @robertbell525
    @robertbell525 7 месяцев назад +18

    All she has to do is say we can afford to pay this much per semester or year. Anything beyond that you have to figure out. And don't cosign anything, this kid will stick her with the loan 100% guaranteed.

    • @CrypticCobra
      @CrypticCobra 6 месяцев назад

      She doesn't "have" to do anything.

  • @CptSDIAS
    @CptSDIAS 7 месяцев назад +2

    That’s good parenting.
    My house my rules. If you don’t like YOU can leave.

  • @MrTmenzo
    @MrTmenzo 8 месяцев назад +8

    Makes sense no need to pay for boarding if there's colleges nearby you can move out when you graduate. For free education sheesh would be nice 👍

    • @thestorybehindthat5236
      @thestorybehindthat5236 6 месяцев назад

      Or the young woman could work part time and get roommates and learn to take care and provide for herself basics while Mom covers tuition. I don't know why the mother needs her to live at home and neither does she... Whatever the reason, she doesn't want to articulate and communicate her truth like an adult should.

  • @eddiesander403
    @eddiesander403 28 дней назад +3

    So many people here agreeing with the mother. I see her as controlling her kids by making them live at home. I think the right answer is paying for their tuition and then her kids are on the hook for room and board if they choose to go elsewhere. All assuming that other tuition rates are equal.

    • @ScurvyRascal
      @ScurvyRascal 6 дней назад

      I agree. Something's not right here.

  • @utube9000
    @utube9000 7 месяцев назад +9

    Both the mother and Dave are being ridiculous here. The solution is simple: The mother can pay for her daughters college and the daughter can pay for the rent to live outside of the house. What the heck is wrong with that?

  • @nh67796
    @nh67796 8 месяцев назад +3

    I agree with what John said about living on campus, it's a big part of the college experience and some of the best memories I had during my freshman year. I opted to live off campus after my sophomore year, would have gladly lived at home, but I think it's important to experience campus life at least for the freshman year.

    • @TonyCox1351
      @TonyCox1351 8 месяцев назад +2

      “College experience” is irrelevant. Humans thrived for thousands of years without the college experience. Anyone who takes out $10,000s in loans so they can party with their friends is ridiculous

    • @nh67796
      @nh67796 8 месяцев назад

      I disagree, but your college experience might have been different. I don't recall anyone, including John mention partying with friends as why we believe staying on campus is important. You might want to go back and re-watch the video on why he thought it was important. I guess you can always assume the worst of people and believe it's just to party on campus with friends. @@TonyCox1351

  • @flowscreation3741
    @flowscreation3741 8 месяцев назад +12

    Im 28, and just bought my first house. When I turned 18 I left my farthers home and never talked to him again. Remember parents it's a two way street, and its sad how many great kids hate their parents.

    • @DoingMyBest18
      @DoingMyBest18 7 месяцев назад +1

      The reality is many parents are sick of their”kids” as well. Entitled much?

  • @brad885
    @brad885 7 месяцев назад +16

    I feel like the other side of this is the child wants to get away from the family. As someone who took out loans because it was my only option to get away from a toxic family, I feel like the mom doesn't want her children to leave. I set the same rules for my daughter, but only for the first two years in a community school.

  • @blacksnk
    @blacksnk 8 месяцев назад +24

    You don't give the right to make rules with my money. You stated your boundaries, she can either get with program or opt out.

    • @Sheryl777
      @Sheryl777 8 месяцев назад +1

      @blacksnk 👍

    • @drtij_dzienz
      @drtij_dzienz 8 месяцев назад +1

      In 20y when this kid is independent, do you think she will let her petty and controlling mom see grandkids? Visit on holidays? Help her when she gets sick? Or just sign the DNR and tell doc to pull the plug on mean old grammy? Parents can’t leverage their money over their kids forever

  • @TB-ev2hg
    @TB-ev2hg 8 месяцев назад +12

    Sounds like a control tactic and the daughter called her bluff. Now Mom is back pedaling...

    • @dcg590
      @dcg590 8 месяцев назад +2

      Nope. Daughter is lucky her parents will pay for college at all. Your soft approach is poor parenting. These are the boundaries and it’s my money, these are the rules. Don’t like it, oh well. Kids need to learn consequences and that the world does not owe your kids understanding.

    • @drtij_dzienz
      @drtij_dzienz 8 месяцев назад +1

      @@dcg590 the consequences of treating your adult children poorly is they don’t call or visit, don’t let you see the grandkids, don’t help you when you get sick, etc. if going on a power trip over a little in-state tuition money is worth that to you, go for it !

    • @whatevergoesforme5129
      @whatevergoesforme5129 8 месяцев назад

      @@drtij_dzienz Hmm, I don't see this as treating the daughter poorly but then I am Asian and Westerners see our parents as tigers LOL. And yet despite our tiger moms/dads, we usually treat our parents quite well especially when they are aging because home for the aged should be avoided as much as possible for us and this mindset continues on to the next generation.

    • @Joenzinator
      @Joenzinator 8 месяцев назад +1

      @@dcg590 What's funny is that the kids who forge their own paths are often way more successful than kids who let their parents control them. This controlling approach is going to end with an overeducated bum living in the basement. The kid who cuts off his parents and figures out their own finances while going to school is going to be much better off. The goal of parenting should be to raise independent, capable adults. Creating submissive dependents is a recipe for their failure.

    • @drtij_dzienz
      @drtij_dzienz 8 месяцев назад

      @@whatevergoesforme5129 Stockholm syndrome for tiger mommy 🥺

  • @katekjones
    @katekjones 8 месяцев назад +2

    At least the daughter is making a good choice going from Tacoma to Pullman.
    Daughter, if you're reading this, I never had the option for paid school. I graduated from WSU with $34K in debt. I paid it off in two years after graduation. Work hard, network harder, and have a plan for when you graduate. I needed independence from my parents and it was the best choice for me. Listen to your gut whether that's UW Tacoma, PLU, Pierce, WSU, ect. and you'll be okay.
    Go Cougs!

  • @tl4633
    @tl4633 8 месяцев назад +5

    Thankfully our daughter was able to graduate from college with zero debt.
    We have also wanted to pay for our children’s college so the way we did that was we let her know that she can go to the local community college, which she did and we paid for in cash, then she went to the 4 year university and we used my military benefits to help pay for that.
    we couldn’t afford to pay for her college and her living expenses if she went away to college, while paying for our own expenses, so it was sacrifice for all of us.
    She moved a couple of months after graduating and we all have a fantastic relationship.

  • @ShelleyJane
    @ShelleyJane 6 месяцев назад +4

    What a weird rule. Just pay the tuition you would've paid if she'd stayed home. This is too hard lined for me.

  • @pkmcnett5649
    @pkmcnett5649 4 месяца назад +1

    My parents paid half of college. My first two years of community college were on scholarships. My parents only had to pay for my books and transportation. (And me living at home) Once I transferred, I got a student loan, my parents still paid for half. They provided transportation for awhile even after I was married. I paid off the student loan myself.

  • @angieprice7206
    @angieprice7206 7 месяцев назад +2

    I would pay her tuition fees and offer free accommodation at home. If she wants to move elsewhere, that’s her choice and she foots the bill for it.

  • @sierrasky2491
    @sierrasky2491 8 месяцев назад +17

    I must not be understanding this, just because she wants to go to school where she wants to go doesn't make her a bad person.

    • @miltoncat
      @miltoncat 8 месяцев назад +5

      Exactly. Like if she doesn’t fall in line with Mom, she’s pretty much dead to them.

    • @AmukaAkuma
      @AmukaAkuma 8 месяцев назад +5

      That is not the point, she can go to whichever school that she want's, but she will also have to pay her own way. Welcome to the adult world.

    • @sierrasky2491
      @sierrasky2491 8 месяцев назад

      @@AmukaAkuma so the parents would pay her tuition if she lives at home but they won't pay her tuition if she goes to school X. What's the difference either way they would be helping her by paying tuition

    • @KiLLED5639
      @KiLLED5639 8 месяцев назад +1

      @@sierrasky2491 not living at home costs the parents more money than they have or willing to pay. That's the problem the mother is having.

    • @AmukaAkuma
      @AmukaAkuma 8 месяцев назад +4

      @@sierrasky2491 They already have a daughter following the rules, bending them for the younger daughter is not fair. Tuition is a gift, not an obligation.

  • @miltoncat
    @miltoncat 8 месяцев назад +19

    I understand the financial aspect but really, I think Mom wants to keep her kids under her thumb. She seems to enjoy laying out rules for them.

    • @dcg590
      @dcg590 8 месяцев назад +3

      Her money her rules.

    • @yit555
      @yit555 8 месяцев назад +4

      She’s not forcing them to do anything. She’s offering help if her daughters choose to be wise about money. If not, they’ll learn the hard way.

    • @Joenzinator
      @Joenzinator 8 месяцев назад +2

      @@yit555 Nothing unwise about wanting to move out of a controlling situation. I had a full ride scholarship, and my parents still tried to control things by threatening to withhold the tiny amount of help they were giving me. So I just got a part time job and said I didn't need their money.
      That was over 15 years ago, and the interesting thing is I have a very good adult relationship with my parents. However, my siblings still get financial help from my parents all the time. My dad will try to give me money so it's "fair". I just tell him if he wants to give us money, I can invest it for his grandchildren, because we don't need it.

  • @AnnaKhait7
    @AnnaKhait7 Месяц назад

    Thank you for this show!!

  • @lcmichaels7215
    @lcmichaels7215 6 месяцев назад +3

    My plan for my children was going to be if they went and paid for community college, eliminated all their General Studies courses and maintained a 3.0 GPA, then I would pay for tuition, room and board with they transferred to their four-year university.
    Unfortunately I never got the chance to enact on that as I ended up not having children due to infertility issues. But I recommend this compromise to parents who are looking for ways to get their children to think about their educaion and not just jump to the first football laden or party school they saw.

    • @BusArch42
      @BusArch42 5 месяцев назад

      This is what mine did. Except I had to pay for everything at community college. Car insurance, repairs ( no public transportation) all my medical costs tuition fees books etc. they also got to pick where I went to away and my major. My grandparents offered that I could live with them for free and go to a UC school. My dad opted for a different UC school and having to pay for rent. He then complained nonstop about the cost. He tried to get me to pay him back later and I laughed at him. Sure if I had gotten to pick major and school it would be one thing but you controlled all of it. So no money back for you. The rules were different for his bio kids. He paid for culinary school and all kinds of other stuff. Way more expensive than my college away was.

  • @edhcb9359
    @edhcb9359 8 месяцев назад +37

    Why does she add that they have to live at home? Because she’s a control freak. That won’t change her entire life unless the daughter refuses to comply. Good for the daughter.
    Edit: Let’s not lose sight of the fact that if her daughter supports herself for a year before going to college then she is independent and will likely qualify for more help than the mom wants to give her anyways! 🤷🏻‍♂️

    • @insideoutsideupsidedown2218
      @insideoutsideupsidedown2218 8 месяцев назад +5

      Then the daughter can pay her own way.

    • @edhcb9359
      @edhcb9359 8 месяцев назад +10

      @@insideoutsideupsidedown2218 The sooner the daughter breaks away from the controlling Mom the better. She doesn’t need the strings attached to the Mom’s help.

    • @Sheryl777
      @Sheryl777 8 месяцев назад +7

      @edhcb9359 Is she a control freak (as you say) or is it that the mom and dad cannot pay for room and board along with regular college costs? Think before you speak!

    • @edhcb9359
      @edhcb9359 8 месяцев назад +6

      @@Sheryl777 I understand that they can’t(or won’t)and that the daughter choosing to live away is on her. But the Mom is withholding everything if she doesn’t get her way. The Mom is actually the child in this scenario.

    • @edhcb9359
      @edhcb9359 8 месяцев назад +2

      @@insideoutsideupsidedown2218 Yes, absolutely. Work, go to school part time, and exercise her finger to the controlling mom. She will be better for it in the end.

  • @bluejedi723
    @bluejedi723 8 месяцев назад +15

    they live in tacoma, wa- I grew up in that area. I know for a fact the mom isn't the crazy one here about college. There are *at least* 10 community colleges within 30 miles of Tacoma. Kid(s) can live at home AND attend community college for 2 years (and avoid the requirement of a 4 year college making freshman live at home)- save a crap ton of money. Then transfer to a 4 year school. The UW (university of Washington) has a campus in downtown Tacoma. There's one well respected private college about 20 minutes drive from Tacoma. And another one about 45 minutes south. Besides the UW, there's 4-5 in state public colleges that have a campus within a 40-minute drive of Tacoma...where kids can still live at home and commute. Mom is being smart here- college is $$$$ enough without adding housing to that.

    • @johnwilburn
      @johnwilburn 8 месяцев назад +3

      My four year degree from Virginia Tech is worth no less because of my first two years at Bluefield College.

  • @stuarthudson4287
    @stuarthudson4287 3 месяца назад

    I love when you give updates on people. It would be so nice to find out about the people who follow your advice and the results. I don’t think the ppl who don’t follow up week would want to.

  • @JacOb-tj8zs
    @JacOb-tj8zs Месяц назад +1

    Bad move. Pay for tuition then. Dont ask em for help when you’re 85

  • @embee1316
    @embee1316 8 месяцев назад +28

    Parents are being so outrageous. Sounds like mom just wants to pay for school so she can keep controlling the kids 🙄. Why can't she just give the daughter the amount of tuition she would pay if she lived at home and went to a local school, then let daughter make up the difference?

    • @IceMan0003
      @IceMan0003 8 месяцев назад +4

      Simple, her money her rules.

    • @rory644
      @rory644 8 месяцев назад +13

      @@IceMan0003na she just doesn’t want her daughter doing the things she done in college 😂 this is all about control

    • @drtij_dzienz
      @drtij_dzienz 8 месяцев назад +5

      @@IceMan0003 that’s very petty controlling and vindictive. Parents have upper hand now, but they should try harder to maintain a healthy relationship with their adult children. In the future they will want to see grandkids, enjoy visits and phone call, get help with aging issues, etc. trying to use your money as leverage to control others is a great way to lose that relationship entirely.

    • @smithersrob
      @smithersrob 8 месяцев назад

      @@IceMan0003 people applying this rule aggressively is the reason why some parents have kids that don't speak to them, the can compromise with her "if you don't stay at home you will get no assistance with accommodation or living expenses but we will give you the same amount towards tuition we give your sisters" that is reasonable and not controlling. It is their money and therefore their rules but actions have consequences.

    • @eurekahope5310
      @eurekahope5310 8 месяцев назад +3

      @@rory644 Like taking out tens of thousands in debt for room and board? How often have I heard people with loans lay the blame on everyone else. She is doing her daughter a favor.

  • @BearsBeetsBattlestarGalactica1
    @BearsBeetsBattlestarGalactica1 8 месяцев назад +11

    A lot of people are jumping to some pretty harsh conclusions based on a pretty short conversation here about the mom. the oldest daughter chose not to follow the rules and moved out on her own, the middle daughter chose to follow the rules and is living at home getting college for free. So this youngest daughter has seen both scenarios play out and is choosing the one she wants. That is what adults get to do.

    • @CrypticCobra
      @CrypticCobra 6 месяцев назад +2

      The issue isn't the fact she is choosing not to accept the handout, the issue is their are arguments that she should still get the handout while also living away from home.

    • @ecclairmayo4153
      @ecclairmayo4153 4 месяца назад +1

      ​@CrypticCobra - if the older ones didnt get the same deal, then NO. It has to be the same.

    • @user-kb2fk4em3t
      @user-kb2fk4em3t 3 месяца назад

      The oldest can always change her mind after a semester. Sometimes we have to learn things the hard way.

  • @tammaratiffany7425
    @tammaratiffany7425 5 месяцев назад +1

    My parents said college on my own. Got a full scholarship and left. Best thing for me. Not one dime of their money. Guess what? They had no say over my choices.

  • @greglane3978
    @greglane3978 2 месяца назад

    My parents said they would pay 100% of my college education.
    I paid my own way through and they helped a little every now and then when it got too tight. Not very often at all.
    My education, my benefit from it, my reasonability.
    Walked out with my BS in Engineering from a state college with ZERO student debt. Tough to do but possible with sacrifice. Work on weekends, holidays, spring break and during the summer. Live in travel trailer and drive a hooptie. Don't eat out and go party. It can be done.

  • @BasicBeachCommunity1
    @BasicBeachCommunity1 8 месяцев назад +20

    The whole negative thing in this college experience is that it cost five times more than it did 20 years ago... So essentially instead of being three or 4,000 in debt per year you're going to be about 15,000 in depth per year. 😂😂😂 I'd highly recommend Community college.

    • @Sizukun1
      @Sizukun1 8 месяцев назад

      Looks like you got your money's worth.

    • @BasicBeachCommunity1
      @BasicBeachCommunity1 8 месяцев назад

      @@Sizukun1 😂

    • @Meta_data
      @Meta_data 8 месяцев назад

      Even if we go with your figure of 15k/per year, community colleges at most can have around 60 credits transfer in (if you're lucky and can verify the classes will transfer), that still amounts to 30k (more if you factor in community college + other expenses) for your undergrad education once you transfer.

    • @aolvaar8792
      @aolvaar8792 8 месяцев назад

      My #1 University does not accept CC transfer credit.
      It dilutes the Name of the school.

    • @treasurethetime2463
      @treasurethetime2463 8 месяцев назад

      I have to say living at home is ok. That being said, there are many intangibles that go along with living away and having an experience.
      In general, the time you spend around campus, different people, cultures, perspectives etc can be very valuable.
      Most adults in the workplace go to work, maybe the gym, and go home.
      Friends are reserved for an occasional weekend meetup and goodbye.
      Based on this mother's reasoning, I would venture to say the daughter wants an opportunity to get away from her and develop her own identity.
      Pay the tuition and let her figure out the rest. The drug analogies are completely inappropriate to this situation.

  • @Yogastrong908
    @Yogastrong908 8 месяцев назад +49

    I want to hear the daughter’s side of this. I bet there’s much more to this story.

    • @f.w.1318
      @f.w.1318 8 месяцев назад +10

      Yes she wants an independent life, and make adult choices and life styles changes while mom and dad pay for it., she wants the distance between them so there is no guilt and prying eyes when she goes against the morals and ethics, she was raised on. Everything has a cost but she is willing to throw a free education away, to have more freedoms, once she graduates she will have all the freedoms she wants, debt free.

    • @Mkay999
      @Mkay999 8 месяцев назад +10

      Oooh you mean like finding independent while parents do pay for the college? How ludicrous. As long as the kid keeps her grades that should be the agreement. If she goes though with paying everything on her own, at a very tender age I bet the daughter will cut contact. Would you rather your kids cut contact just bc they are wanting to live their own life?

    • @costco_pizza
      @costco_pizza 8 месяцев назад +1

      Not exactly an easy thing to do right now. A lot of people are struggling out there. We are suffering and don't know where our next meal is coming from. Student loan relief and a proper UBI would go a long way in helping us all out. We could pay our bills and put food on the table. Why don't Dr. John and Dave want that for us?

    • @djpuplex
      @djpuplex 8 месяцев назад +1

      Or the husbands.

    • @Gruuvin1
      @Gruuvin1 8 месяцев назад +4

      "Mom is a control freak and Dad is a wuss."
      There's the girls' side of the story.

  • @mary-annethorn1273
    @mary-annethorn1273 Месяц назад

    In Australia, most university students live at home. We don’t go away for uni unless we either live in the country, or our uni option is out of state.

  • @meomy29
    @meomy29 2 месяца назад

    I've got a couple problems with this:
    1. If Mom and Dad still have debt how can they cash flow college, especially when they have more than one in school at the same time?
    2. Kids need to work summers full time & part time during the year.
    3. Consider ROI. My son's close friend has a BS in history. He started working at Kroger while in school. Couldn't find a job using his degree so he kept working at Kroger. Pay is based upon seniority & because of how long he's worked there, he makes more than store manager. He really likes his job stocking shelves. A guy with an MFA works in the art section of our local Hobby Lobby. Nephew has MS from Cambridge. While he has a great job, he didn't need a degree to get it.
    4. Kids shouldn't start college if they don't have a plan. Don't start until they know what they want to do. A college degree means zippo if they can't get a job using their degree.
    5. College isn't for everyone. There are many open jobs in the trades. A welder can make more than someone with a MS in social work.
    Not sure if John's right about living on campus. The kids get together and party an awful lot.

  • @jaehwan123
    @jaehwan123 8 месяцев назад +3

    The mother is being ridiculous and controlling. The mother has the money to pay full ride at a community college, so if the daughter wants to go elsewhere, the mother should just give her the money and have the daughter make up the difference. Sure, this mother may have her own rules, but her rules are stupid and damaging to her own children. Let the daughter live her own life.

  • @fishtail1129
    @fishtail1129 8 месяцев назад +23

    It seems like a hard line to say you won’t pay any college costs if you don’t live at home. Why not pay tuition and let daughter get a job and pay her own living expenses? Maybe mom is smothering her and she needs to get out and spread her wings. I’m betting the living at home requirement is not just financial, but about control. This is the third kid and she has watched her older siblings and is like, nope, not for me.
    My husband got free tuition as his dad was a professor at a local college. He and his siblings all lived in the dorms.
    Let your kid learn to be a grown up! Being that extreme authoritarian with kids that are almost adults is a great way to drive them away. Then you’ll be surprised when they don’t come home for Thanksgiving.

    • @CrypticCobra
      @CrypticCobra 6 месяцев назад +1

      Because it's her money and she can set whatever conditions she wants when giving free handouts? If the daughter doesn't want it she doesn't have to take it. It would only be controlling is she was trying to forbid the daugher from doing it. Refusing to pay for something you agree with is not forbidding it, it is refusing to be the one that pays for it. Nothing is stopping the daughter from funding her own way.

  • @arfriedman4577
    @arfriedman4577 5 месяцев назад +1

    My lparents had a college fund set up since i was a child.
    I made sure to grt good grades to try and get a scholarship.
    My parents said i cou d go away to college in a certain p ice range. After seeing the messy dorms and food in the sink i decided i was going to a loca college. I had a partial scholarship for 4 years. From the 2nd year, i got an smaller 2nd scholarship.
    I was happy i stayed home, but once in a whille i used to ghink about if id went away to college

  • @razmiddle9410
    @razmiddle9410 5 месяцев назад +2

    Not paying for college because you don't think housing is worth paying for is one thing, but if the daughter can work and pay for room and board without going into debt, it sounds like the "live at home" rule is more about controlling her movements and less about money or sticking to principles about being debt free.

  • @sasasavage5047
    @sasasavage5047 8 месяцев назад +177

    I don't agree with how they did this. If you saved for your children's tuition, you should just say they have X amount to spend on tuition and if they want to move away, they will have to cover those extra costs. Tying the help to living at home seems weird and controlling to me.

    • @edhcb9359
      @edhcb9359 8 месяцев назад +18

      Totally agree!

    • @SageKayDee
      @SageKayDee 8 месяцев назад +8

      Agreed!!!

    • @Mdonlevy9927
      @Mdonlevy9927 8 месяцев назад +18

      Ugh, the best thing this kid could do is potentially move out, lol.

    • @aolvaar8792
      @aolvaar8792 8 месяцев назад +3

      Same thought

    • @soonermagic24
      @soonermagic24 8 месяцев назад +5

      I agree. Equal the amount you pay for the other kids, but the parents should’ve said that in the beginning

  • @kekejefferson9219
    @kekejefferson9219 8 месяцев назад +7

    She needs to apply for financial aid and put zero as parent contribution, work study, & scholarships. She will have to get a loan to stay in the dorm or get an apt.

    • @Late4tea959
      @Late4tea959 8 месяцев назад +1

      In the United States, you aren't considered an independent student until age 24. If you're under 24 and don't meet the independent student criteria, you can't even complete the FAFSA by yourself. You HAVE TO include your parent's income and assets. You also wouldn't qualify for federal student loans by yourself. It sounds like if these parents include their income, the student wouldn't qualify for any grants and would flag as a loan option, but again, it would include the parents and likely require them to co-sign, etc. Basically, since these parents aren't willing to pay for her (that's another matter entirely), the kid will be forced into private loans (and likely will not qualify) or wait until after they turn 24 since they don't have any savings.
      From the FAFSA site:
      Students who are 24 at the time of filing or who turn 24 by December 31 of the award year are automatically considered independent. If you are under 24, you might be considered independent for federal aid purposes if:
      Married or separated but not divorced
      Pursuing a master’s or doctorate degree
      You have children who receive at least half of their financial support from you
      You have dependents who are not your child or spouse but receive at least half of their financial support from you
      Currently serving in the armed forces on active duty, and are not in training
      You are a veteran
      Both of your parents have passed away
      You have been in foster care, been a ward, or a dependent of the court at any point since turning 13
      Emancipated or in a legal guardianship
      You are an unaccompanied youth who is homeless or self-supporting and at risk of becoming homeless

  • @kyleperry2568
    @kyleperry2568 8 месяцев назад +2

    What she didn't add is that WSU is way cheaper than any 4-year school remotely near Tacoma.

    • @tommyatkinson7312
      @tommyatkinson7312 8 месяцев назад +1

      Because it’s not about the money, it’s about the mom wanting her daughter to live at home

    • @DigitalRecollections
      @DigitalRecollections 8 месяцев назад

      UW has a Tacoma campus, I got my BA there…it’s a commuter school so you don’t get the “college experience” but whatever

  • @carolcole570
    @carolcole570 4 месяца назад

    Dave, I find it amusing that none of your callers catch your “ tongue in cheek “ response of “ Better than I deserve “. Your response clearly NAILS it.❤️

  • @smithersrob
    @smithersrob 8 месяцев назад +3

    Just pay the tuition, she's living on campus not doing hard drugs and making porn, there's no evidence of insanity here, she's opted out of the support with housing, let her find a way to fund that. The offer of accommodation and local schooling can remain on the table but if she goes away for school she gets help with tuition equivalent to what it would cost had she stayed local. Requiring them to live at home is just controlling them with money.

    • @yit555
      @yit555 8 месяцев назад +1

      Not sure if you’ve been on a college campus lately, but hard drugs and sex orgies are kind of the norm now. It would be the last place I would want my kids to be.

    • @propainaccessories
      @propainaccessories 8 месяцев назад

      If her parents can cash roll her tuition, the school may not offer a robust financial aid package just for housing. Things like pell grant is income based. Even the amount they offer for federal loans will be different because her parents cash rolled the tuition. She has to think this through

  • @UltimateIrishRebel
    @UltimateIrishRebel 8 месяцев назад +5

    This all makes sense to me except the "NO you can't help her with groceries she gets NOTHING", why? lol...The rule is, she pays for college if they stay at home. So if they move away they never get help with anything ever again? That's weird. You can stick to your rules but still help your child with the odd thing here or there...

    • @JasonGroom
      @JasonGroom 6 месяцев назад

      It's because if you go in with the NOTHING approach, then they are still grateful when you spot them $100 for groceries this month. If you go into it saying I'll pay for groceries, next thing you know, that small caving is paying $500 to help with rent.

  • @fromthebrightvalley5529
    @fromthebrightvalley5529 7 месяцев назад +1

    Aww she shouldn’t feel bad at all. My parents fell on hard times for the first time in their lives my freshman year of college. My parents haven’t paid a dime of my journey and THATS OK ❤ I wanted it and it’s my responsibility to pay it back. I made all the decisions, chose the school and programs, and I signed the paperwork. She was blessed to have the offer of paid off school. But if she goes the other way that’s her choice and it will build her character to pay it back and be responsible for that choice. It’s gonna be ok 😇

  • @status_elitegaming9523
    @status_elitegaming9523 8 месяцев назад +2

    I agree that if it’s the rules then okay don’t give her money but the biggest thing I don’t like is there feels like there isn’t an explanation of why (put this in before I got to the end). Not to mention what is she going to school for? Is there a reason she wants to go to that college 6hrs away maybe there is some sort of boundaries that have not been made, the kid is turning to an adult something tells me there isn’t too much freedom in the house. Respect goes both ways and realizing your kid is a becoming an adult means respecting their decisions. If it is truly bad like going for an arts degree making 40k a year probably not a good idea to support her but a over 6 figure job well maybe it’s not that crazy of an idea even though it’s her not living at home. Have her come up with the difference or sign her name for the loan. Setting a living at home limit tells me mama doesn’t wanna give up her control and dad knows there’s no winning that battle to change that.

  • @fauxbro1983
    @fauxbro1983 8 месяцев назад +20

    I went to college without my parents support. why are parents obligated to pay for their kids college? especially since these parents can't keep their own bills in order. also a lot of colleges require kids to live on campus freshmen year

    • @bluejedi723
      @bluejedi723 8 месяцев назад +8

      they live in tacoma, wa- I grew up in that area. There are *at least* 10 community colleges within 30 miles of Tacoma. She can live at home AND attend community college for 2 years (and avoid the requirement of a 4 year college making freshman live at home)- save a crap top of money. The UW (university of Washington) has a campus in downtown Tacoma. Theres one well respected private college about 30 minutes drive from tacoma. And another one about 45 minutes south. Besides the UW, there's 4-5 in state public colleges that have a campus within a 40 minute drive of Tacoma...where kids can still live at home. Mom is being smart here- college is $$$$ enough without adding housing to that.

    • @TimeisUp22
      @TimeisUp22 8 месяцев назад

      🤨 Do you live in America? College is a scam provided by the government to be pushed through the school system. They use teachers, counselors, parents, and wealthy people to convince 17 year old kids that throwing themselves into excessive debt before their first job will be the pathway to a wealthy life. Its F*CKED UP here. Economic Slavery cant thrive without college tuition. They have this myth that your broke parents will help you pay for everything, which makes perfect sense. 😒
      Hopefully Millennials do better with encouraging Generation Alpha/Beta to lean towards trade schools to rebuild this economy. Because Zillenials are stuck in the college scam as well!

    • @J-wu8sc
      @J-wu8sc 8 месяцев назад +2

      Paying for kids college is a richer parent thing imo. If you have over a million dollar net worth and can cash flow it, do it, if not kids have to find a way.

    • @bluejedi723
      @bluejedi723 8 месяцев назад

      right. Thus why I suggest community college. Tacoma has several to pick from and what aid package you do get goes a heck of a lot further at a community college than a 4 year college@@solarexcrement-he6qb

    • @megalodon1726
      @megalodon1726 8 месяцев назад

      Dave never said it's an obligation. It's a choice many parents make because they want to increase the chances of their kids succeeding in life, and succeeding early. Just like it's not an obligation to send kids to a private high school, or pay for a private tutor or music lessons or sports clubs, but many parents choose to pay for those things.

  • @Tank-vi2dv
    @Tank-vi2dv 8 месяцев назад +39

    At the end of the day, it's your money. You rules. Daughter can do her plan and see how it works out for her.

    • @realcomments7205
      @realcomments7205 8 месяцев назад +1

      Could have been very easy for the parents just to continue to pay for the tuition just like they would have if the daughter stayed home. And the daughter can fund the remaining expenses.

    • @justwondering1967
      @justwondering1967 8 месяцев назад +1

      And when it’s all a disaster you can smugly say it wasn’t your fault (while you wonder why a decade later your children don’t bring their family back for Xmas).👍

    • @mamajojoworld798
      @mamajojoworld798 8 месяцев назад

      God bless you

    • @joyfulstar5430
      @joyfulstar5430 8 месяцев назад +1

      ​@@solarexcrement-he6qb Did you wake up this morning and choose racism!?

    • @TonyCox1351
      @TonyCox1351 8 месяцев назад

      @@realcomments7205yes it would be very easy to do that. It would also be very easy for the daughter to live at home and go to one of the numerous colleges in the area. Moms money, moms rules

  • @lav7161
    @lav7161 8 месяцев назад +1

    I needed this video and it came right on time. I have to stick to my rules and that's that. End of story.

  • @Trisha_B_done
    @Trisha_B_done 2 месяца назад

    I really hope this mom listens. Her daughter will be so much better for learning to stand on her own. I have seen parents suffer into their child's 60th bday bc they wouldn't stand by their boundaries.

  • @thegenxgamerr
    @thegenxgamerr 8 месяцев назад +15

    This call is a great example of why many believe young people lack discipline. Listen to this mother carefully. Dad is to blame as well, although we don't have his perspective. Parents make rules, kids break them, kids have consequences. That formula has worked for a long time and produces young adults who understand expectations and consequences. When you have parents unwilling to enforce the rules they set up, the damage can be a life sentence for these kids.

    • @NoOne2023_NoOne
      @NoOne2023_NoOne 8 месяцев назад +2

      Not a kid anymore, kid is an adult

    • @Sheryl777
      @Sheryl777 8 месяцев назад +2

      @@NoOne2023_NoOne I think @thegenxgamerr's point was that parents backing down from rules parents say they are making (but then don't follow through with) teaches children from a young age that their parent's rules don't really mean anything and that the child can get away with going against the rules from a young age, which isn't good for the child at all, so that when that child becomes an adult, they already know their parent's rules are BS. And I agree with him that kind of upbringing can cause damage to their children.

    • @SeansModelBuilds
      @SeansModelBuilds 8 месяцев назад

      When do you think parents starting being scared of setting rules for their kids began? And why?

    • @thegenxgamerr
      @thegenxgamerr 8 месяцев назад +4

      @@SeansModelBuilds I think parents became afraid to enforce rules (net set them) starting in the 90's at least thats when I started to notice. Why? Social pressure, guilt from having 2 working parents. Guilt from higher divorce rates. Pressure from government entities. Quick example. I dont recall stories from the 60-70-80's of kids call social services to report there parents for not letting them watch TV. I do remember reading articles about that in the 90's. Very abstract but you asked.

  • @linhaton4957
    @linhaton4957 8 месяцев назад +44

    You are doing the right thing. Do not co-sign any student loans. You are offering a college education that’s within your budget. What a good example you are setting.

  • @christersmith5470
    @christersmith5470 8 месяцев назад +2

    My father told me he would help pay for my masters on the condition I did an mba. I declined, and paid my own way through my masters in statistics program. I used that to become a data scientist, and probably did better than if I had done an mba.

  • @millar6070
    @millar6070 2 месяца назад

    Hi from Melbourne Victoria Australia 🌏
    I'm 60 now!🤓
    My mother had a really great lesson after I chose to leave home,
    If I borrow money,$20:00, then if I miss the due date, I have to pay 10 time's the amount back, I learnt that lesson because I missed the deadline, and I had no choice but pay 10 time's the amount of $200:00.
    This gave me a constructive point of never be borrower or lender be, always save and pay outright, no higher purchases and cash only, until I got my first loan!( $2000:0)
    I was soooo scared of missing a payment,.
    I'm very comfortable in my retirement,
    First retirement at 36, missed working, 2nd retirement at 42, 3rd retirement at 55 and sill working part time!
    Australia is a very different place to America, and my time working was a very different time aswel 🤓🤓🤓🤓🤓🤓🤓.

  • @bennyjoey8444
    @bennyjoey8444 8 месяцев назад +4

    Why does Dave always cut Delony off. Doesn’t seem to let him finish his thoughts. Have seen this on several videos

    • @johnk6749
      @johnk6749 8 месяцев назад +2

      He doesn't respect what they have to say. They are just there to parrot him.

  • @TheTbabylati
    @TheTbabylati 8 месяцев назад +7

    She sounds controlling. I would opt out as well. They need their space to learn and grow up. Living under mama won’t help then do that.

  • @johnSmith-uz8nl
    @johnSmith-uz8nl 5 месяцев назад

    So I am from CANADA, when I went to University me and ALL MY FRIENDS lived at home. But in the USA it is different... it is a right of passage to live in the dorms.

  • @Bosshog-WealthHealthBetterment
    @Bosshog-WealthHealthBetterment 8 месяцев назад +1

    For me it's very simple. The rule should always be, it's my money, and I can invest it or attach any conditions to it I want. If you don't like those conditions, that's ok.
    Me and my wife are considering with our daughter, doubling at 21 and then at 25, anything she has left over from a Junior ISA (UK) she'll be getting at 18. We can't stop her getting it, and she's at adult then, so we can only hope she makes good decisions, potentially helped by the promise of a 4x-ing her money in 7 years.
    Whatever rule you choose to set with your kids, it has to be the rule, especially if you have other kids who potentially made decisions based on it.