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Cast Your Vote:

    • Yes -- Votes: 18
    • No -- Votes: 21
lolajessup 3 kids; 1 angel baby; Beaverton, Michigan 44070 posts
7th Dec '12

<blockquote><b>Quoting thewarmth:</b>" I hate to burst your bubble, but even when putting aside tax money every year, you will most likely ... [snip!] ... university will be. But hey, at least you will be able to pay a chunk, but being able to outright pay it on the spot, unlikely."</blockquote>



I hope im making enough money by then to pay the extra. But it's gonna pay a big chunk. Or at least get her started.

Sarah ♥ K&K 2 kids; South Land, CA, United States 119232 posts
status 7th Dec '12
Quoting lolajessup:" Ours is an education fund through a local credit union. They put the money in CDs and you build interest. So the girls really will have more $ than we put in."


Ours collects money too depending on which stocks it plays...I think, my out husband is much more knowledgeable about this stuff

The Master 2 kids; Perth, Australia 19989 posts
7th Dec '12
Quoting lolajessup:" For those of you that say u can't afford it, do u get any tax return $ back? We can't afford it but we ... [snip!] ... something I ever want my children to feel. That is why we make this our main priority every year when we get our tax return."


I only get a minimal amount back and a few years I've even had a tax bill due to HECS and how much I've earned :( I'm so desperate to get back on track with savings next year.

Capt Plzen, Pl, Czech Republic 9110 posts
7th Dec '12

Yes and no. I save all their bonds, which total at least 1000 a kid.



But Pats Dad puts aside money every month, enough for a full ride per child to a University by the time they are 18.

Bonnie Beaver♥ Due April 9; 2 kids; North Pole, Alaska 18290 posts
7th Dec '12
Quoting Mary.:" Yes and no. I save all their bonds, which total at least 1000 a kid. But Pats Dad puts aside money every month, enough for a full ride per child to a University by the time they are 18."



The loaded grandfather. f**k man. I can only imagine how much they'll have by the time they go.

thewarmth 3 kids; South Carolina 14438 posts
7th Dec '12

They do have state programs where you can pay current tuition now and when your child gets college age gets to go at the rate it was when you paid it 18 years ago.
But, if your child wants to go to college outside of the state, you're kind of fucked.

Capt Plzen, Pl, Czech Republic 9110 posts
7th Dec '12
Quoting Legendary Bonnie Beaver:" The loaded grandfather. f**k man. I can only imagine how much they'll have by the time they go. "


I married the right family, lol.

Bonnie Beaver♥ Due April 9; 2 kids; North Pole, Alaska 18290 posts
7th Dec '12
Quoting Mary.:" I married the right family, lol. "



Tell him to adopt me.

3 kids; nowhere, ca, United States 46959 posts
7th Dec '12

not yet, we really need to put some money away, but we won't do one that is an actual school fund, we want them to be able to use the money for school, but if they get scholarships or something, they can use the money for whatever without penalty

Legendary Due August 27 (boy); 1 child; Beverly Hills, California 59197 posts
status 7th Dec '12

We have her college fund ready to go. If I didn't my grandfather or my parents would have and that would have been embarrassing.

lolajessup 3 kids; 1 angel baby; Beaverton, Michigan 44070 posts
8th Dec '12

<blockquote><b>Quoting thewarmth:</b>" They do have state programs where you can pay current tuition now and when your child gets college age ... [snip!] ... it was when you paid it 18 years ago. But, if your child wants to go to college outside of the state, you're kind of fucked."</blockquote>



Yeah in michigan it's called MET. I guess they can go out of state cause I asked once but it doesn't cover all of it. Whatever. That's why we didn't do it. Plus we don't have the money to pay her tuition today haha. We're still paying our tuition :)

Kristen Parris 2 kids; Virginia 1939 posts
8th Dec '12

Honestly, I am going to encourage my children to go to a community college first to get their general ed done if they don't know what they want to do yet.



I dont care so much that they even GO to college, I just want them to do something they love and be able to make a decent living for themselves.



I am about to graduate from a community college with my RN with absolutely no debt, and make the same as someone who graduated from a 4 yr school... about $50,000 -$60,000 a year starting out.



I just want to be able to give them a little something to be able to start out with. They need to know how to work for what they want to :)

Capt Plzen, Pl, Czech Republic 9110 posts
8th Dec '12

<blockquote><b>Quoting Legendary Amanda:</b>" We have her college fund ready to go. If I didn't my grandfather or my parents would have and that would have been embarrassing."</blockquote>




Why embarrassing?



Guess I'll go be embarrassed now, lol.

Legendary Due August 27 (boy); 1 child; Beverly Hills, California 59197 posts
status 8th Dec '12

<blockquote><b>Quoting Mary.:</b>" <blockquote><b>Quoting Legendary Amanda:</b>" We have her college fund ready to go. ... [snip!] ... and that would have been embarrassing."</blockquote> Why embarrassing? Guess I'll go be embarrassed now, lol."</blockquote>



I didn't read all the pages, I shouldn't have said that. Just for me personally it bothers me when my family steps in.

**milfshake** London, United Kingdom 31502 posts
9th Dec '12

1k for each year.



so since he is 3, he has 3k. His grandparents have another college account for him too though, I think it has like $300?