<p>SimpleLife, I dont have the same financial mentality now that I did when I was your sons age. Certain things really do only come with time and experience and understanding the true meaning of the word budget are one of those things. I would only advise you to make sure he doesnt do something silly like apply for a credit card without getting your counsel first. Thats always been one of my fears, that my son get into financial trouble with a credit card and none of us even be aware that he has one.</p>