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vt90

Joined: 12/12/1998 Posts: 44906
Likes: 24266


Re: Join the crowd!


I take 33% of all of my kids' high school and summer job earnings for them to cover their spending in college. So they do have some 'skin in the game'. My parents did the same for me and I think it was a good thing. Also helps to teach them how to budget a bit before they graduate.

But yeah ... I started saving for all 3 the minute we found out my wife was pregnant and the goal seemed almost unreachable at the time, particularly since child number 3 was a 'Jose Cuervo bad math' baby. :) I can now see the light at the end of the tunnel and then I can reallocate a lot of that money to retirement which will be nice.

(In response to this post by GFallsFan)

Posted: 04/26/2017 at 09:19AM



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Current Thread:
 
  
Do most people just go to college in state ? -- bigbadbird 04/25/2017 11:23PM
  I did insist on in-state with my kids. -- Hokie CPA 04/26/2017 3:58PM
  Here is what is going to happen ... -- vt90 04/26/2017 08:01AM
  Nope, he'll pay $600K+ more in taxes. -- EDGEMAN 04/26/2017 09:22AM
  Join the crowd! -- GFallsFan 04/26/2017 09:16AM
  Re: Join the crowd! -- vt90 04/26/2017 09:19AM
  In soviet Russia, Art studies you! ** -- MEHOKIE 04/26/2017 09:36AM
  This is a very untrue blanket statement. ** -- hoosnowahokie 04/26/2017 09:16AM
  What would you get in if you were a freshman Class of '18? ** -- CochraneResident 04/26/2017 09:20AM
  Well, I'm a Mining Engineer PE, so probably that. -- hoosnowahokie 04/26/2017 09:40AM
  Accounting, chemistry, finance.... -- turkeywinghokie 04/26/2017 08:47AM
  Finance and accounting will be done by mostly AI. Chemistry -- CochraneResident 04/26/2017 09:07AM
  Yep. Can't imagine a computer doing Rev/Rec and M&A. -- GFallsFan 04/26/2017 10:15AM
  Didn't say that. I'm talking about 15 years in the future. -- CochraneResident 04/26/2017 09:43AM
  You can teach in HS. ** -- EDGEMAN 04/26/2017 09:23AM
  Don't understand your point. Where am I wrong? -- CochraneResident 04/26/2017 09:28AM

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