Anonymous wrote:I can’t imagine you’d be destitute if you cut back to 45 hours a week. You have years to save for college.
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We would not be destitute, but I also feel like it's my duty since I brought this child into the world to offer him a good start. I paid for everything I did myself (very emotionally supportive parents, but financially they could not, I came here from a different country on full scholarships, took out loan for grad school), never had any cushion. I want my child to have some security - though I will not plan to cover things like downpayment, wedding, etc. But I want to be able to pay for the best college that he can attend for example and not have to worry about money.