Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Saving for college vs paying off house"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Honestly, I'd sit down with some kind of financial planner. He/she will just echo your opinion about putting money into investments / 529s, but then it will come from a 3rd party "expert" so maybe your husband will be more receptive to the advice. [/quote] +1 I would add that if your HHI is $180 at 30yo, you are highly, highly unlikely to get any need-based aid for your children's higher education. This will mean loans for them in an amount far higher than $80K, such that their financial futures will be compromised. https://www.cnbc.com/2015/12/08/the-long-term-consequences-of-student-loans.html https://www.usnews.com/education/blogs/student-loan-ranger/articles/2016-01-20/study-student-loan-borrowers-delaying-other-life-decisions OP, you say "we" paid off your husband's large student loans. How would your DH have done at paying them off without you? What if your children don't marry? What if they marry people who have massive loans themselves and/or cannot afford to help? [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics