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Reply to "controversial opinion: money & finances edition"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]To add to the above, I think it's crazy when UMC get on the college forum and say "My kid got into X private college but we can't afford it. Wah wah wah. Life is so unfair for us UMC." And it turns out they make like 300k. Why weren't they saving all along? That's what I want to know. When you have a baby, the baby's needs come first. That means college savings before a big house or fancy vacations and cars, etc.[/quote] Maybe, but just forego the kids and enjoy the vacations and cars![/quote] Baby's needs are not college savings. College tuition and other costs are insane, regardless of your income. I can live several years on college tuition for one year. Just room and board is more than I spend. That's in a dorm with subpar food. Why would anyone save for college first. If you work, like many of us, in jobs that don't provide much enjoyment except for the paycheck, then you need vacations and many other small life pleasures. If you just work to save for college, then why would your kids will want to work. For a miserable life with no pleasures to pay bills and save?[/quote]
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