April 21, 2014 |
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No kids but starting a fund soon, for sure. College is expensive. :P
PS - He's going to college come H*)) or high waters. Where there's a will there's a way - preach that to him all of the time.
I'm working on it. Was going to set one up 1-1/2 ago then the bottom fell out so I thought I'd wait until it improved then just when I was going to set it up I get laid off from my job of 5 years. So back to square One (what to do next)?
The fund I set up years ago has helped 2 grandkids with college and will help the third when he's ready to go (he's only 13). It was the least I could do for my beautiful grandbabies :-)
I bought a life insurance plan the day after my grand-daughter was born. She is 11 now and it is paid off and drawing some kind of interest. After a discussion with my brother this week-end, by the time she is college bound, it will barely cover gas to get her there. So discouraging for so many SMART youg people.
Our son does, but it's in Grandpa's name so it doesn't have to be reported on the fafsa. :)
We set one up for our child and it's been growing pretty well although I'm not foolish enough to think that the amount that we put away will actually pay for tuition. We are hoping that it will offset the cost of living and maybe he won't have to work 30+ hours a week like we did while trying to study.
As far as my grandchildren go - I'll let their parents work on that !!
Yes, it's called me. Reminds me of a comment a fellow student made when she wouldn't go out and party because she need to study for finals and get good grades. "What does it matter, your mom's paying for it isn't she?" Meaning, since she wasn't getting financial aid, her dad made too much but wasn't contributing financially, it didn't matter what grades she got. Next year she will be going to graduate school on a fully paid Fellowship at at top universiy with an a paid intership. The kid has more money than I do. Glad she didn't listen to the other students.
I don't think the cat is going to college, so no. But thanks for asking....really.
In this day and age you have to have a college fund set up if you expect the child to get anywhere!
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