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[quote=Anonymous]OP,

There is no need to feel guilty when you are doing the best you can, and it sounds like you are doing well.  You are not in the hole, financially.  You have a retirement fund and an emergency fund.  You are doing better than probably 90% of America!

I think it's great that you are saving $50 here and there.  Can you be more systematic about it?  Can you sell some unused items on Craigslist or eBay?  Can you stash away birthday and Christmas money?  Are you couponing and shopping the best deals so you can put extra grocery money toward college?  Do you shop secondhand?  Can you do surveys online?  Even a little bit each week will build up to thousands of dollars that will be helpful 18 years from now.

I am putting away $2000 per year for my child - that is $38 per week.  We have dones this since 2002, so for 11 years.  Her account is worth about $30K.  Sure, it won't pay for 4 years of college.  But at this rate, and assuming 5% return, we will have hopefully about $60K by the time she enters college in 2020.  All because we put away $38 per week every week.

If you break it down in small pieces, it doesn't seem like much.  Break it down even further and it's about $5.50 per day.  Is there $5 per day that you are wasting that can be put toward her fund?
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