paying for kids' college

iVillage Member
Registered: 02-10-2005
paying for kids' college
8
Thu, 02-16-2012 - 11:41pm

Hi!

My husband and I recently became debt free except for our house (hooray) and now we're making a new budget and figuring out what we can put into investments.

iVillage Member
Registered: 03-15-2012
Thu, 03-15-2012 - 1:03pm

Hello there!

This is exactly the type of stuff we are going through.

Avatar for turtleemom
iVillage Member
Registered: 07-25-2007
Sat, 03-03-2012 - 1:14pm

We've been putting away money from the beginning.

iVillage Member
Registered: 02-10-2005
Fri, 02-24-2012 - 4:55pm

Nope, not over the top!

Avatar for mahopac
iVillage Member
Registered: 07-24-1997
Thu, 02-23-2012 - 2:36pm

Oh good, I was worried you might think I was over-the-top.

iVillage Member
Registered: 02-10-2005
Wed, 02-22-2012 - 4:14pm

E-gads that's a lot!

Avatar for mahopac
iVillage Member
Registered: 07-24-1997
Tue, 02-21-2012 - 1:34pm

I hope you'll come back here with any advice your advisor gives you that would be interesting to others as well.

Personally, in the same situation, I would not send the kids to private school because it prioritizes an unknown positive over everything else - not to mention it pushes you to the edge of your budget.

iVillage Member
Registered: 02-10-2005
Fri, 02-17-2012 - 11:47pm

Thank you very much for your thoughts!

I like what you said about being ok with having kids being saddled with 10k loans as opposed to 30k loans.

Avatar for mahopac
iVillage Member
Registered: 07-24-1997
Fri, 02-17-2012 - 11:56am

Congratulations on being debt free!