Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
College and University Discussion
Reply to "No money saved for college"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]Can you and his mom put away 12k/year his junior and senior year in preparation for college? That would give you $47k/year to spend each of the four college years, including the planned cash flow.[/quote] OP here. Unfortunately the problem is that he took interest in fencing at a young age and we put a lot of money into it and still do. If he quit we could have extra to save. The problem is despite great athletics genetics 6'4 etc he is just not a competitive kid by nature. He is bright, but he is not the kind to push himself. And fencing scholarships are extremely rare. But he likes it and we feel that it gave me him a refuge from our divorce. [/quote] You and your ex are each spending $1k a month ($2k total) on fencing instead of saving anything for college? If you both aren't already socking away ANYTHING to save for this, than I am also suspicious that you'll be contributing $1k a month during his time in school. Even $200 a month in a 529 plan for the next years will be way better than saving nothing, though it doesn't have much time to grow.[/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