[2041] in Discussion of MIT-community interests

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Re: [Mit-talk] [UA-SCATR] New Card initiative

daemon@ATHENA.MIT.EDU (daniel e mcanulty)
Sat Jul 8 12:44:29 2006

Date: Sat, 08 Jul 2006 12:44:42 -0400
To: mit-talk@mit.edu
From: daniel e mcanulty <mcanulty@mit.edu>
In-Reply-To: <20060708051043.ya52zg5gkhcsk0cg@webmail.mit.edu>
Errors-To: mit-talk-bounces@mit.edu


i don't have an opinion about the plan, but when i read this article, 
this reasoning just struck me utterly ridiculous.

one - if they're necessities, why are students supposed to budget 
around them?  (the truth is a lot of so called necessities can be 
done without, so this is just me being a semantic jerk)

two - how do parents suppose their grown offspring will ever learn to 
budget?  by never being allowed to make a mistake?

and three - as Jared pointed out, and this may be less the case now 
that laverdes and such takes techcash, but when i was a frosh, 
thinking it would be useful, i put a thousand dollars of my own money 
on my card, i found i wasted so much money getting food that was way 
more expensive than necessary because it was all i could buy with the 
card that i never did it again.  see, that was a mistake, and from my 
vantage point now, a really dumb mistake, what was i thinking?  but i 
leaned from it and never put money on my card again.

dan

At 05:10 AM 7/8/2006, Jessica H Lowell wrote:
>TechCASH program from many parents as well as a concern that students
>might not
>have enough money for food after purchasing books and other necessities
>because
>they do not know how to manage a budget."
>
>I'm genuinely curious; has any current or former student on this list ever run
>out of food money because they spent too much TechCash on non-food?  Or known
>anyone who did?

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