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Reply to "Would you pay your kids tuition?"
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[quote=Anonymous][quote=Anonymous]I paid zero dollars for undergrad. I got a 3.8 at a SLAC and got into law school. I manage money well. Money management skills, and a good relationship with money, comes from a lifetime of lessons. Not a single move re: paying for college.[/quote] This, and OF COURSE I will pay for my kids college education. Unlike the OP, we have made our kids save 25% of every single dollar they bring in, since birth. With that savings we have together invested that money in index funds. The kids research with us and help choose their own funds. My older son has a lawn mowing business and brings in more money than he could ever make bagging groceries or working at fast food restaurants as his friends do. He has had to do business development, marketing, sales, proposals, infrastructure investment, payroll, and customer service. Your kids might be book smart, but I'd lay awake at night if they were mine worried about their ability to actually be successful.[/quote]
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