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re: How much is goal to save for each kid’s college?

Posted on 10/8/19 at 8:54 pm to
Posted by biscuitsngravy
Tejas, north America
Member since Jan 2011
3011 posts
Posted on 10/8/19 at 8:54 pm to
quote:

my advice, and I've put three kids(and a bunch of lawyer's kids,) through college, is to have a contingency fund, that the kids have no idea exists, to supplement, if necessary, what they are unable to earn through scholarships, grants, money saved, and shortfalls in budget during college, it will not go as well if they think "dad's got this, it's party time," make them set their goals/budgets now, with little to no expectations of assistance from you and they'll be better prepared, and that's as valuable as just about anything else they'll learn in college


very wise words...

we're planning for 100 per kid (and saving towards that). all in cost seems to be about 25 per year for a good state school.
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