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[quote=Anonymous][quote=Anonymous][quote=Anonymous]for her own college applications and her parking fee at school. My DD will be 18 in December. I keep sending her the message that my DW and I will help her pay for college but that she should not expect us to pay a full ride. We don't have dedicated college savings, but with our current HHI can easily pay full price out if monthly income at almost any college or university in the U.S. That being said, my DD knows money doesn't grow on trees, and we have raised her to be frugal. She does most of her shopping at thrift shops, and scoffs at the "richies" in her NOVA high school who have Mommy and Daddy hand them everything. She had a summer job this summer and has saved some m[/quote]

Your HHI can pay for almost any college in the US?  Thats about $60k per year or $5k per month and you are stressing about a parking fee or $1k in college applications?  I understand being frugal and I understand households were $1k is alot of money but yours does not sound like one.  Stop being a tight ass cheapskate.

Also something does not quite add up in your statement.  You have enough free cash flow to pay for $5k per month but you don't have any college savings and are going to pay for college out of current income?  Unless things in your life have changed, you should have amassed quite a bit of savings in the past few years. If you have not, where is $5k per month coming from?[/quote]  Having money and teaching your children the value of money are very different things.  We can easily afford $60k, too, but our kids will have some financial skin in the game.  The likelihood that they will ever achieve our financial success is limited.  Better they learn now that not everything will be handed to them on a silver platter.  I see a lot of kids around here who are being set up for a lot of misery in life because they have unrealistic expectations.[/quote]

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