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Reply to "After graduation, rent if lives at home?"
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[quote=Anonymous]The way to create wealth is by making good choices. My kids will stay with us after graduation if their job is local or if they have a consulting job that makes them a road warrior. They will not have another opportunity to save a few hundred thousand dollars with such minimal effort and in a few years, so early in their career. Besides, the mental, emotional, logistical support they get as they are getting acclaimated to working life is also invaluable. We love DMV area and our kids will probably settle down here. I want them to provide for their family, what we provided for them. My kids do not have college debt. This was our gift to them. We want them to give the same gift to their children. We want them to have an UMC lifestyle that they have enjoyed growing up. Which means that they will save money and think long term. To be able to have significant saving in their retirement account and also save for down payment to a house is a significant leg-up. [/quote]
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