Anonymous wrote:Thank you. I have questions about where to allocate savings. Like if we will need a new roof in the next 4 years, should we get it now? We don't have high salaries but we have some savings which I think will hurt financial aid--but want to save to help with later schooling for our kids, like grad school/professional school. If not an advisor, are there good online sources or books that explain educational financial planning?
What is your household income? That, and not savings, is the biggest determinant of whether you will qualify for need-based aid.
Read the book The College Solution and the blog by the same name.
Do not ever use the term "dream school." Your kid will do fine at any number of schools.
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