Middle-aged married mom looking ahead while enjoying today This week included payment of my quarterly bonus from the company. I used it to pay the remainder of DS2’s apartment rent for the 1-year lease period. The only remaining college costs for him now are food and electricity – about a thousand total, and I have most of that set aside. So DS2’s college costs are essentially done.
His apartment lease is an odd one to me because it is one contract for all the boys and requires every parent to be a cosigner. Apparently housing is scarce enough around this major campus that the property management companies can make these unreasonable requirements. That was not the case at DS1’s college where each roommate had his own contract with the property management company. DS2’s roommates are good kids from our town that he had already befriended before college. It’s been an education for him though to see how differently they approach money. One waits until he sees the rent is past-due before paying it. The notice is his reminder. And there is a charge – something like $5/day for each day it’s late. Because we pay ahead that’s actually helped him avoid late payments but he has told DS2 that he wishes we wouldn’t do that because it messes him up not to get the late notice.
Also this week DS3 signed his NLI (National Letter of Intent) for his college that included some scholarship money. It feels so nice to have the college decision official and behind us.
Financial Progress on the College Front
February 15th, 2020 at 03:11 pm
February 15th, 2020 at 10:48 pm 1581806911
February 16th, 2020 at 12:58 am 1581814716
I think it would drive my daughter nuts to have a roommate who wasn't good with money. That would be a deal breaker to her. It was hard enough having friends who weren't good with money.
February 16th, 2020 at 08:05 pm 1581883505
Glad the college decision is made and now can move forward.