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Reply to "Parents of little kids: What are your college savings goals?"
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[quote=Anonymous]I don’t have a firm goal, because I’m just putting in what I can. Right now, that’s $100 a month per kid (6 and 4) plus whatever monetary gifts they get and sometimes random windfalls (they’ll both get $1000 when I get my tax refund). My ex puts in another $100 a month between them. I’m working on increasing my retirement contributions to the max before I increase 529s anymore. I hope to be there next year. Once the youngest is done with daycare, I’m hoping to steer some of that money to college savings as well which should boost the monthly amounts by a decent chunk. What will happen by the time they are college age, who knows. My parents will most likely have passed away, and they may leave money for the kids. If I ever remarry my financial picture may be completely different. My ex could have more kids which would divert money from his side. I’m just plugging away with whatever I can for now. [/quote]
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