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Reply to "Does everyone on here with kids applying to top 50 schools really have the $80K per year to spend?"
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[quote=Anonymous][quote=Anonymous]T[b]he money is in a fully funded 529, [/b]we started saving when DC was born. I never count the money as part of NW because we knew it would be spent.[b] It kind of feels like Monopoly money when I click on the withdraw [/b]38K button each semester tbh. DC loves their school it was their first choice. We declined some significant merit at lower ranked schools. I was glad we saved so DC could have the choice. Is it worth it? Idk… Is my SUV worth it? Idc I love it and the cost isn’t a factor.[/quote] I can relate to how the money in our 529 does feel like monopoly money. But our 529s for our kids never felt fully like our money as it was already earmarked for college tuition from when we opened the accounts when they were toddlers. What I believe our kids absorbed from their being aware that we were saving for their college tuitions from such an early age, is that education is a key family value for us. No way to quantify if that made a difference but I have to believe it did.[/quote]
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