Quote:
Originally posted by ZTAngel
It's those people who have complete access to their parents' credit card or debit accounts and do not understand the true value of money that give everyone a bad name.
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Ohhhh, yes. The girls who would just go to the mall every weekend with their parents' credit card used to blow my mind...I am all for parents paying tuition, books, major expenses; my parents did that, and I'm very grateful. However, they didn't give me carte blanche with the credit card--I had one, but like in
ZTAngel's case, it was for emergency use ONLY. I never used it once. I understood that if I used it to go buy clothes or beer, my butt would be toast. I had one day off a week during which I would substitute teach and earn my spending money for the week, and if I spent it all, well, then that was too bad (unless there was some emergency, as stated above). If parents want to really spoil their kids, that's their business, but I think it ends up being detrimental to the kids because they don't learn how to manage their money.