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Money and Finances
Reply to "do we have enough saved for college"
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[quote=Anonymous][quote=Anonymous]This is just dumb. Your kid would be better off at a low cost college and investing that money in the market [/quote] Why? If they are capable of saving that much already (kids are 6 &4), they are rich or very UMC. WHat's the point of having money and not spending it on things you value as important? For us education is important. We had similar saved for our kids. They were allowed to attend wherever they wanted. It was NOT as a result of not saving for retirement or living life. Note: if you have that much saved early, they can invest in the market and let it ride and likely have enough for most colleges for 4 years for both kids when time come. Advantage of saving early is key, and now they can shift focus to their retirement, if they haven't already. [/quote]
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