I'm all about parents who give their kids an allowance of some sort. My tuition was covered so I used my scholarship money for rent, food, sorority, etc. My parents also gave me a
little bit of money each month to cover my expenses.
What I didn't like is the parents who basically gave their kids hundreds of dollars every month. I had my dad's credit card but it was for EMERGENCY use only. Emergencies were: huge car repairs that my checking account would not cover, being stranded somewhere, or some other kind of emergency. I always had to call my parents before using their card to just double check with them that it was ok. I had friends who used their parents credit card for everything. Their parents would just pay the bill without even second guessing it. One of my sorority sisters had her parents' debit card.
Every night before we went out, she'd withdrawal $200 in cash from her parents' account.
I think there's a HUGE difference between those of us who got a set amount from our parents and nothing more and those people who are really, truly spoiled. 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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