Reply to controversial opinion: money & finances edition

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Some people on here save way too much for college.  If you're able to save that much, you can probably pay some as you go as well.  Let your kid pay for their own grad school. [/quote]

Agreed[/quote]

Make hay while the sun still shines. You never know when your money might leave, through a job loss, disability, death or other bad situation. [/quote]

+ 1

Save now while you can.[/quote]

Eh, if the money goes we qualify for financial aid. Right now we are paying daycare (3900/mo) and a mortgage (2000 Principal and interest) that will no longer exist when my kids are in college. If our income stays the same as it is right now, which isn't likely because we are in our 30s and will probably receive promotions and increases, that's $70K of cash flow that can be reallocated to college costs each year. Plus, it's not like we are spending all of our money every year. We are actually saving quite a bit. However we're putting it into retirement funds, paying down the mortgage, and general savings rather than earmarking it for college. [/quote]

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