I'm a bit of a uni dunce I'm afraid as neither me or DS's dad went to Uni. So sorry for really thick questions.
DS is not good with money, he has ADHD and OCD which make it quite difficult for him. We're doing certain things to help him- part catered accommodation so he hasn't got to budget too much for food, and a pre-paid bus card. He'll be paying the accommodation costs in full at the start of the year from his loan so he can't blow that money. And his living expenses (which I will be paying) I was thinking of pinging to him weekly. But all the student bank accounts seem to positively encourage huge overdrafts. He doesn't want the temptation of that, but my question is, how do other parents try to help when their son/daughter is not good with money?
I don't want him getting into serious financial difficulty, nor do I want to be bailing him out every five minutes. I know the advice is 'they're adults now and need to learn', but what if they have issues that make it much harder to budget?
Any advice welcome
Please or to access all these features
Please
or
to access all these features
Talk to other parents whose children are preparing for university on our Higher Education forum.
Higher education
Newbie- financial advice required!
21 replies
InSpaceNooneCanHearYouScream · 17/08/2019 23:41
OP posts:
Please create an account
To comment on this thread you need to create a Mumsnet account.