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Money and Finances
Reply to "Am I a huge jerk if I don't save for college for my kid?"
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[quote=Anonymous]I am sure most parents want the best for their children. We saved for college for our kids because that really Gives them and their children advantages in life We do not live frugally or lavishly. We live within our means and that means Saving first for retirement, then for college and then living on what was left. I think people do not know what lifestyle they can afford. Most think it is the money they make, but in reality it is the money that is left after they pay for all the necessities. Retirement and college savings should be seen as necessitites too. We saved for 4 years of undergrad for each child. Since they did well and got full merit scholarships, that money will go towards their graduate school, first car, and maybe first townhouse or apartment. [/quote]
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