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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]My answer is as much as I can. I have just one, now 12, and his account has about $95k. I put $500/month in now -- I used to do more of a lump sum at tax refund time, and just a little in monthly, but now do more monthly and give a bump at the end of the year. Do I know this is the right amount? No, but it fits in my budget, and certainly will help pay for college, even if it doesn't cover it all. I have no idea if my child will go to a state school or private. I don't know exactly how much I will need to pay, but I sleep pretty well at night thinking I am doing what I can. [/quote]
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