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re: I want to start saving money for my children

Posted on 9/21/17 at 10:51 am to
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48974 posts
Posted on 9/21/17 at 10:51 am to
quote:

one thing to consider is that the best way to protect your kids' financial future is to insure your own. Doing everything you can to make sure your kids will never have to take care of you or cover your expenses is a great way to protect them.

My personal philosophy is the more money I have the better I can take care of them in times of need and they don't have anything to just bank on and enable them to be lazy. I have planned to have more money in retirement than I will ever need so that they get a sizable inheritance but it stays with me and the wife until we are gone in order to protect them from any possible financial burdens of ours.


this is a great post.

i want to help the kids also, but this is 100% correct.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78666 posts
Posted on 9/21/17 at 10:17 pm to
I've been very satisfied with START for my three kids . I'm not a sophisticated investor so I appreciate the simplicity of it . Between TOPS , Start and HS AP classes my oldest child's undergrad years look affordable enough that I can let her spend this year, her Freshman year , in the dorm and not feel it to badly. I'm glad I was disciplined 17 years ago.
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 9/21/17 at 10:41 pm to
Throw a couple grand into Ethereum

By the time high school rolls around it will be worth about $40k
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