The wife and I were talking today about the family budget, and I asked her what day the phone bill is deducted? Which then led to a discussion about how long we'd keep the oldest kid on our phone plan? He just graduated from college, and has an adult job that pays fairly well. He has no student loan debt and no credit card debt. He will spend about a quarter of his salary on rent and transportation. The money for the phone isn't significant, so there isn't much of a reason to keep paying it. However, we aren't in a hurry to drop him from the plan.
Do you pay for anything on a full time basis for an adult child? When did you fully cut ties?
Do you pay for anything on a full time basis for an adult child? When did you fully cut ties?