Parents spend $30k of daughter's tuition money on kitchen renovation after she takes a year off from school: 'She thought we were bluffing'
It was their money. But did that mean they were allowed to spend it whenever they wanted?If you say you're going to do something, you should probably do it. This definitely includes saving money for your kid's tuition. Tuition is a famously expensive thing, especially in the States. It can take a whole career to plan for and to save enough money to make a meaningful impact. It's not something to be messed with. If your kid is counting on the money you told them you'd have for them, then you'd better deliver. You shouldn't take it away and spend it on something frivolous just because you can. Kids famously don't always make the best decisions for themselves, especially when they're on their own for the first time. They may be legal adults, but it can still take a while to figure out a good path. The first year of college can be exceptionally difficult. Not only are you having to figure out how to live independently, but you're probably taking some pretty challenging classes and having to manage your own study schedule. A lot can happen at once, and it's easy to get overwhelmed. Many kids have a false start, or some bumps along the way. Like the young woman in this story, who droppe…