If you don't give your kid freedom to make choices with money, including stupid choices, he'll make plenty when he gets to college.
The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is.
I think that it's important if you run for President that you have to make those important decisions. And your father, if he can help, probably, he helps just by being your father without getting intimately involved.