Kids first car and college:
What is everyone doing when it comes to your kids first car and college ? My son turns 12 in april so I'm years away from big moves.
First car: Is this automatic something you gift to your child as long as they have good grades, are mature and make good decisions?
College: Do you feel like it's your responsibility to pay for their college tuition? Would you prefer the scholarships and you pay the difference? Pay for a certain amount of years or the full 4 plus years?
As far as schooling, I’d help her get into whatever school/trade that interested her. If finances were an issue I’d help there too. I just want the best for her without her having to worry or struggle.
When it comes to moving out, I like the idea of charging a small amount of rent and sitting on it until she moves out. I wouldn’t tell her, but I’d absolutely give it all back to help with her transition wherever her heart desired whenever she was ready to leave to coop 👍🏽