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Reply to "Saving for college vs paying off house"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Pay off the house! You never know what it coming. Your child may get scholarship, decide to go a different route than college. Once the house is paid off you will be amazed at how much easier it is to enjoy life. Plus, stock market investing is a bad idea right now. Market is overinflated and bound to correct. [/quote] +1. We're in our 30s and paid it off in our 20s. No regrets. We're still saving for college, but our retirement is essentially covered by a paid off house.[/quote] Agreed Do your child a favor and pay off your house. Your 30 your kid is likely not even 5 now. You can still save just flip the percentages for now. You can go college crazy once she hits elementary. [/quote]
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