Reply to How much should you contribute per month to 529 plan?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]To the PP, that's awesome.

Side note
I remember asking one of my co-workers about 529 plan for her two kids.
And she said her and DH weren't paying for their college.

While sipping on Starbucks in her matching burberry boots and bags.
I said well at least you know your priorities, LOL.

[quote=Anonymous]OP here: good for you PP! This is something to aspire to!![/quote][/quote]

Wow, that is sad....[/quote]

Yup. A lot of selfish parents out there.  I get teaching kids responsibility and all.  But not saving a dime for them these days is just wrong. I know too many people college debt in the 6 digits and they are so stressed. [/quote]

It's possible that they are house poor, YET will have their mortgage paid off when their kids are nearing college, and will use that money to supplement college then.

I know a couple of families that are doing that. Even the most financially secure and savvy folks don't have 529's, it's not unheard of.[/quote]

The cost of a child born today to go to a four year university (use VA Tech as an example) will cost around 200K and this is just for undergrad.  It makes sense to start now.  You get a tax incentive as well. And to these house poor families, the minimum contribution is $25 per month.  So give me a break.[/quote]

Who are you fighting with? Jeez, who pissed in your cheerios this morning. What do you care what others do.[/quote]

Let me guess... you are one of those Starbucks sipping, Burberry wearing, d-bag parents?[/quote]

I save for college, but dayum. It's ridiculous that one has to save from birth nowadays to pay for undergrad. We might to send DC to Canada or France instead if tuition rates continue at the rates they have in the past decade. GW was 30K in 2001 when I graduated HS. It's twice that today! For GW. Insane.[/quote]

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