Reply to Best financial planning tip for donut hole families

Forum Index » College and University Discussion

Reply to "Best financial planning tip for donut hole families"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]we had an inheritance hit right then. it's pretty painful. I get it. you can look a lot richer than you are - which is why I wish they'd look at retirement and home equity. My house is cheap and my retirement is terrible, but year, my FIL died and it looks like we have money when .. our net worth is not much[/quote]

I’m sure it was painful to lose your loved one. But you are looking at the timing strangely - it was just in time. Your kid was ready for college, and now you can pay. That’s a gift![/quote]

Disagree. Just because you got a one-time windfall doesn’t mean who you spend it on college. Cheaper college or shift it somehow (like pay down the mortgage) [/quote]

Sure, you should spend it how you want to! And a cheaper college is a wise option. But the windfall is a windfall - it is enough money to pay for college falling in your lap. You could feel victimized and cranky by having to use it to educate your children, or you could be grateful you have the means to give those children choices.

One of those paths leads to happiness and contentment.[/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