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College and University Discussion
Reply to "Did you folks not do ANY saving?"
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[quote=Anonymous]OP— my kids born in 2002 and 2004. So, both in Hs. Just as we were gearing up on savings, the Great Recession hit. My husband lost a job, was out of work, we had to move to the DMV and deal with housing costs, then it took me time to find a job. Fact is, the fact we are high earned now, does not mean we had any wiggle room when my kids are younger. We are now saving $3000 a month, split between two kids. And have been for several years. And that gets us WM and some OOS Publix’s completely paid for, no sweat. That’s $160,000 times two kids. $320,000 is a lot of college savings in my book. It still only gets us halfway to a private college for two kids. So yes, it would have been nice to have consistently saved a lot since birth. But that’s not the way our lives turned out. And financial aid treats opus like we live in a low COL part of the country and have had a donut hole income for 18 years, and the ability to save consistently. We didn’t lose our house. In 2008, that was winning. [/quote]
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