<p>My H and I have also done what we can to provide for our kids, and are glad, not ashamed, that we can do this for them. We do have them contribute to the cost of things (ie their cars, gas, etc), they both worked in HS, and we do want them to learn the value of a dollar, but we didn't expect them as HSers or college students to pay for alot themselves. They never had the newest or the fanciest car in the HS parking lot (by a longshot) but yes, they each had a car. We paid for maintenance and repairs, and most of the gas (they paid for one fill-up a month). We had them pay for the first 6 mo insurance, but we have paid for it since then. Are we supposed to feel bad about this?? I hope not.</p>
<p>They don't wear the top designer clothes (neither boy cares about that) but if they need clothes, we pay for it. DS #2 is probably off later today to get some new jeans and shoes. He wont go to the high end department stores-- he'll probably go to Syms or Kohls, but it'll be on my nickel. I hope I am not supposed to feel bad that we can afford to put clothes on his back (jk).</p>
<p>My H and I were supposed to go skiing the first week in Jan. DH broke his leg in Sept so skiing is out for us this year. But we still had the condo. Who will be going? The boys-- on our nickel. We will pay for the condo, lift tickets and rental equipment, because if we were going with them we'd be paying for that anyway. Older s is looking into the best deals on rental equipment and lift tickets (he has learned well to find the best value for his or my dollar) but the tickets will go on my credit card. Are we indulging the boys? Yes, probably so. Is this a luxury? Yes. But I don't consider them "spoiled rotten" kids. They are good kids and I hope they will be able to take equally as good care of their kids when they have them. And if they let us, we'll problably indulge their kids somewhat (when they have them) as my parents did for them.</p>
<p>Older son "gets it" when it comes to being careful with money. He has worked hard and saved well, and looks for bargains and deals where he can. He in fact offered to pay his own way on the upcoming ski trip, since he is out of school and employed, but this is our holiday gift to him. We are happy to be able to give this to both boys equally. I fully expect older s will pay for a lot of their food, meals etc since he is a good cook and he has spending $$, and he is generous. I hope he learned his generosity from us, and from all the volunteer work he, younger s and we did as they grew up. I don't think we spoiled them, and I don't think they have a sense of entitlement. They appreciate what we have been able to do for them, and they say so, and that is a great gift from them to us.</p>
<p>Younger s isn't yet as savvy with his $$. He doesnt have the interest or patience to shop around for the best deal, and his dollar doesn't strech as far. He tried to handle that by convincing us to give him a bigger monthly allowance at college, justifying is as a cost of living increase!! (He thinks that getting the same amount as older bro got 4 yrs ago is not equitable). I told him our assets have declined by 30% and if he'd like his allowance to be adjusted down accordingly, I'd be happy to do so. End of discussion. He gets a decent monthly allowance ($250). I am not ashamed of it- I am happy to give him spending money. If he wants more, he'll have to get a job (which he claims he has tried to do) or dip into savings (which I'd prefer he not do, but its his $$). We have been careful to save money for college since the day the boys were born, and their monthly allowance comes out of the $$ that we have earmarked for education. We are strong proponents of education and are willing to pay for it. We paid for private school primary/secondary education and for college (both got some scholarship $, but older s didnt get a lot-- as he applied to his top 20 school ED, but younger s chose his school based on the huge scholarship he was offered, as he wants to save his school $$ for med or pharmacy school).</p>
<p>In sum, I am with MOWC-- I am not ashamed of the fact that we were able to help our kids. While I don't think we went overboard, on the flip side, they haven't felt deprived either. They only got $20 to 25/wk allowance in HS, but they didnt have to buy their lunch. It was included in the school tuition. If they had to buy lunch, the weekly allowance would have been adjusted accordingly.</p>
<p>OK, time for me to get off my soapbox. Oh, and as an aside, my H's aunt just sold her home in Woodcliff Lake, NJ. She raised 4 really good kids (now grown successful, not overly spoiled or indulged, adults) there.</p>