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re: Private School Tuition

Posted on 12/5/13 at 10:17 am to
Posted by Ric Flair
Charlotte
Member since Oct 2005
13754 posts
Posted on 12/5/13 at 10:17 am to
I would take a different approach, and use the 4k to start a 529 plan for college. If you can't cash flow tuition for private school, reconsider private schools or move somewhere with good public schools. That 4k will grow significantly invested for 15 years as opposed to 18 months.
Posted by ThatsAFactJack
East Coast
Member since Sep 2012
1557 posts
Posted on 12/5/13 at 10:40 am to
quote:

Ric Flair
quote:

would take a different approach, and use the 4k to start a 529 plan for college. If you can't cash flow tuition for private school, reconsider private schools or move somewhere with good public schools. That 4k will grow significantly invested for 15 years as opposed to 18 months.


I can cash flow the tuition for private school. Hell her daycare costs as much as private school tuition. I just happened to have $4000 drop in my lap the other day and figured I'd just sock it away for her 1st year of tuition.
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