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Money and Finances
Reply to ""Tax the Rich""
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[quote=Anonymous][quote=Anonymous]Helping your kids through grad school is a privilege reserved for the UMC. People like you should be taxed more. Only taxing the “rich” isn’t enough. [/quote] Ummm..nope, that is called "planning". We started saving for undergrad when we only had $200K (30 years ago) income. And we didn't start "Splurging in life" until we had enough saved for both kids to attend undergrad fully paid...that was done by age 10 and 8 for the kids. Then we continued to add a bit and let it grow for 10+ years to fund grad school. But we scrimped and saved and lived a much lower "lifestyle" until 35+ so we could be financially set education wise. We bought a house for 50% of what the bank said we could afford in our early 30s (2nd house in our life), rather than splurging and spending more. It meant we could also afford to vacation and eat out and provide activities for our kids also while saving for retirement and their college. [/quote]
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