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Reply to "Tips for saving for college? How much to do you put into your kids college savings acct?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Fewer kids.[/quote] +1. Fewer kids or drastic increase in income [/quote] Geez, can you at least try to be helpful? OP obviously isn't giving up his children, and probably can't snap his fingers to make another $100k materialize in his salary. First off OP give yourself a break. Only on DCUM is it considered a divine right that all children shall be bestowed with food, clothes ...and $200,000 to spend on the college of their choice. Start by putting away $250 a month for each child, and see if you can work up from there. Put it in your MD or VA 529 account, so you get the state tax savings. Every little bit helps. Maybe you won't be able to finance their education. But who knows if all four will even go into fields that need a degree? And for those that do: maybe they do community college for the first two years, you pay for the 3rd year and they take out loans for the 4th. [/quote]
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