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[quote=Anonymous][quote=Anonymous]I’m a mother of 4. I get it, op.

But the greatest gift you can give your kids is not being a financial burden to them as you age. You should focus on buying a little home and building your retirement and savings. [/quote]

I posted about buying a home and I agree with this. I’m glad you’re ok with not helping your kids pay for college but I wouldn’t be. DH and I spent 15 years saving and paying off 100K of student loans before we had kids ajd could buy a house. Student loans really hurt us for the majority of our adult years as we lived on such a tight budget we could not do the things many of our working peers could do because every month we were spending upwards of 800 on loan and interest payments. Student loans are an albatross for your kids - we would have even married and had kids earlier had we not been so fiscally strapped. At a minimum you should be contributing to your retirement accounts and have college funds set up and have at least 4-6 months of savings in cash plus more if you’re being financially responsible. Your budget and lifestyle don’t sound like you have economic stability. Can you absorb a financial shock? Don’t you want to give your kids better than you had? I don’t know about you but it’s important to me for my kids to have greater economic security than I had. I got through college on used clothes from my friends, fast food/freezer meals, and Pell grants and I want more for my kids. 
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