Dodge City Daily Globe - Dodge City, KS
  • Teen Helps Parents Save for Emergencies

  • Finance guru Dave Ramsey says college student's plan shows character, respect
    • email print
  • Dear Dave,
    Iím 19 years old and living at home while I go to school and work part-time. I make about $400 a month. My parents have started your plan, and I feel like I should do something to help out with expenses. I could do this by paying my expenses, or paying them rent each month. What do you think?
    óRuth in Waco, Texas
    Dave Says: I love your attitude! If youíre in college, getting a good education is your first responsibility. Youíre not making a lot of money, so you wouldnít be able to contribute much. I think $100 a month would be fair, but sit down with your parents and talk this over. Youíll need money to live on, and theyíll need to feel good about this. A plan that does both is a winner. What you give them at this point really isnít going to change their lives. But itís a symbol of your character and your respect for your parents. A willingness to contribute and help out is a great thing, Ruth. There are lots of people out there twice your age who still canít seem to grasp these concepts. Way to go!

    Comments are currently unavailable on this article

      Events Calendar