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Metropolitan New York City
Reply to "Steer DC to a major with better employment outlook?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Oh c'mon OP. You're being ridiculous. We have four kids, now well into adulthood, and about the same net worth as you. We paid for college, grad school, down payments for houses and weddings and nice family vacations. This landed our kids on third base. They're teachers, social workers, immigration workers, public health workers, etc. Three are married to partners in similar jobs. And they're all fine. Better than fine. And very happy. Use what you have to make your kids happy. Not miserable in jobs they don't want. And with one kid you can easily afford it.. [/quote] this is the way to do it. no debt, and you can fund lots of their lifestyle if you want. 4 kids, get each one a new car every 4 years - pay for family vacations - cover the random incidentals that wreck young households finances (leaking roof, medical bill, etc). [/quote] PP here. I mean, seriously, it's a no brainer. Another example of how we handle: one of our grandkids just got into a ridiculously expensive (7k for 2 weeks) summer program at a fancy college. Personally we think it's ridiculous--obviously just a money maker for the school--but what the hell, when we learned about it we told the parents we wanted to pay for it. They pushed back, hard, and we just said "just let us do it and throw what you were gonna spend into the college fund." They were very grateful and definitely did not see it coming. Easy peasy, OP. This is the way to go.[/quote] perfect example, would not have the chance to go to that summer program. lots of little things you can help out with. our parents (your age), bought their kids cars. paid the 150k private school tuition bill this year (indirectly) - even though we can afford it. makes life alot easier [/quote] Yes, have the discussion. Don;t force her into anything but she should make an informed decision.[/quote]
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