Sending the Kids Off to College Should not Break the Bank

Well here it is another school year at an end. The kids are ready for summer, fun, beaches, parties and everything else. What they are not thinking about are colleges. They, in fall will be off to college and possibly working and a busy schedule.

By taking the summer in steps you will have some extra money for college. As you all know books will break a bank. They in some cases are more expensive than the classes. The kids of today want to party and have a lot of fun. But by sitting with them and telling them that you are paying for college does not teach them, but by saying you are going to assist them and help them, you may find this will be better on your wallet.

In June let the kids rest. They sure have earned it. But tell them by July you want them to have a part time job that will help pay for their summer fun and also some they can stick aside for college. This is an easy step. They should have no problem agreeing with this. Work it out on a spreadsheet, after they get their job. Take half and show them over the summer what they will have. Sure it may not amount to much, BUT at least it's a start.

In some cases the kids are only going to a junior college. They can still keep their job. This is great. That way they can still have the savings during the year.

Another step that you can take is if you don't want them to work, but just rest most of the summer for their college adventure, then you should not have to sock them all their fun money…they should work part of it off. They are never too old to take out the trash.

By working with your kids you will find that they too are willing to save and work for what they want.