Tuition, room and book fees, and costs for extracurricular activities can mean larger cash demands than planned. Other potential expenses include locker fees, yearbooks, parking fees, class rings, drivers' education costs and lunch money. Extracurricular activities can be very expensive. Older children involved in more expensive activities can work odd jobs to support some of their interests. Howell said setting priorities can eliminate some expenses that might not be worth the cost to the student.
Children have to learn to take care of their possessions.
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