My daughter wants to major in something like “music industry” or “entertainment business.”

My stance is pretty simple: she can major in whatever she wants. It’s her life.

But if she chooses something that doesn’t have a solid career path and decent earning potential, I’m not paying for it.

If she wants to do MIS, engineering, finance, accounting, nursing, etc., I’ll support her financially. But I’m not dropping tens of thousands of dollars on a degree that I think has a weak payoff.

I also told her I wouldn’t be proud of that decision, and I do feel bad about saying that.

But college is expensive as hell, and some of these degrees feel like a hustle. I want her to have a strong foundation first, make good money, and then pursue whatever passions she wants from a stable position.

She can still choose the music route. I just don’t think I have to fund it.

Am I wrong?

I currently set aside around $150 a month for fun money, which works out to roughly 4–5% of my take-home pay.

I don't really force myself to spend it every month though. Some months I'll use it for dinners, games, or going out. Other months I barely touch it and just let the money build up.

I'd actually been saving mine for a few months because I wanted to upgrade my gaming setup. Finally used part of it last month on a 55" Hisense U7 for around $700.

That's kind of why I prefer letting fun money roll over instead of treating it as "use it or lose it." Sometimes I'd rather skip a few smaller purchases and put that money toward one bigger thing I'll use all the time.

Curious how everyone else handles this. Do you spend your fun money monthly, let it accumulate, or set some kind of cap once the balance gets too high?