Casey, Keep in mind college isn’t a panacea for success any longer. There are tons of careers out there that don’t require “investing” absurd amounts of money in a four year degree. Airlines no longer require a degree to become a pilot for example. Additionally, a large number of these institutions of higher learning have become very political and nonsensical. Kids are fed a bunch of propaganda. I imagine your kids would be smart enough to avoid this but be wary. You certainly have thought and planned well for the expenses. Starting adult life without debt is one of the best gifts you can give to your kids. That’s outstanding!!! Congrats to both of you.
I’ve always believed that personal financial literacy should be a major part of both a public and private high school (maybe even junior high) education. Personal responsibility is essential no doubt, but ignorance of financial basics plays a huge role in the mess people find themselves in these days. Certainly the current economy plays a large role in folks money issues but a strong knowledge of personal finance would help ease the strain.
i helped our kids early. Taught them about money and credit beginning in junior high. By the time they had to make financial decisions they were armed with knowledge they hadn’t learned in school. If you young parents will do this you’ll likely find they need no help once the are on their own.
Comments:
Quinn’s always “humble bragging”. Wealth or being rich has very little to do with money.
Post: Are you wealthy or just rich? By Dick Quinn
Link to comment from December 18, 2024
No such thing as no risk. People need to understand that.
Post: Risk at Every Turn
Link to comment from May 30, 2024
Love the funeral idea! I’m going to copy you. Highly unlikely we’d be arrested.
Post: Way to Go
Link to comment from May 3, 2024
Casey, Keep in mind college isn’t a panacea for success any longer. There are tons of careers out there that don’t require “investing” absurd amounts of money in a four year degree. Airlines no longer require a degree to become a pilot for example. Additionally, a large number of these institutions of higher learning have become very political and nonsensical. Kids are fed a bunch of propaganda. I imagine your kids would be smart enough to avoid this but be wary. You certainly have thought and planned well for the expenses. Starting adult life without debt is one of the best gifts you can give to your kids. That’s outstanding!!! Congrats to both of you.
Post: A Real Education
Link to comment from March 7, 2024
Ditto!
Post: Getting Off Lightly
Link to comment from December 15, 2022
I’ve always believed that personal financial literacy should be a major part of both a public and private high school (maybe even junior high) education. Personal responsibility is essential no doubt, but ignorance of financial basics plays a huge role in the mess people find themselves in these days. Certainly the current economy plays a large role in folks money issues but a strong knowledge of personal finance would help ease the strain.
Post: Hard to Believe
Link to comment from October 13, 2022
Zero debt in retirement eases fiscal and mental stress.
Post: Tiresome Debates
Link to comment from September 17, 2022
Nope, Just an oversight. Lots of great things around Atlanta and Delta goes anywhere you want from ATL nonstop. Good catch!
Post: Why Am I Late?
Link to comment from January 19, 2022
Swimming is safe. I question your sanity if you continue to bike. Unless it’s a peloton or stationary in your den.
Post: Life Cycle
Link to comment from June 5, 2021
i helped our kids early. Taught them about money and credit beginning in junior high. By the time they had to make financial decisions they were armed with knowledge they hadn’t learned in school. If you young parents will do this you’ll likely find they need no help once the are on their own.
Post: How much financial help should parents give their children?
Link to comment from March 22, 2021