Comments on: Moolanomy weekly roundup #8: “College Savings” edition http://www.moolanomy.com/65/moolanomy-weekly-roundup-8-college-savings-edition/ Personal Finance. Investing. Wealth Building. Sat, 20 Mar 2010 18:13:48 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Pinyo http://www.moolanomy.com/65/moolanomy-weekly-roundup-8-college-savings-edition/comment-page-1/#comment-622 Pinyo Sun, 16 Sep 2007 16:10:40 +0000 http://www.moolanomy.com/65/moolanomy-weekly-roundup-8-college-savings%c2%9d-edition/#comment-622 @Dawn - welcome to Moolanomy and thank you for sharing the link. It looks like a good directory of resources. @CFO - Another commenter offered <a href="http://www.moolanomy.com/69/my-kids-college-costs-will-be-467000-are-you-kidding-me/#comment-620">his thought on how much to save for college</a>: "I decided that I don’t have to be prepared to pay for his entire education. My plan is to tell him I can pay for all of a public school education. If he wants to go to a private school for some reason, I will encourage him, but he’ll have to take out loans for part of it. I want to help him keep his loans to a minimum, but I think it’s actually a good thing to put some of the responsibility on him so that he values his education more, etc." I really like his idea about saving enough for good public education and let the child share the burden if he/she wants to go to a more expensive school. This makes a lot of sense to me. Beside, I doubt I can save $400k without jeopardizing my own retirement and lifestyle. @Jim and Lynnae - no problem. The pleasure was mine. @Dawn – welcome to Moolanomy and thank you for sharing the link. It looks like a good directory of resources.

@CFO – Another commenter offered his thought on how much to save for college: “I decided that I don’t have to be prepared to pay for his entire education. My plan is to tell him I can pay for all of a public school education. If he wants to go to a private school for some reason, I will encourage him, but he’ll have to take out loans for part of it. I want to help him keep his loans to a minimum, but I think it’s actually a good thing to put some of the responsibility on him so that he values his education more, etc.”

I really like his idea about saving enough for good public education and let the child share the burden if he/she wants to go to a more expensive school. This makes a lot of sense to me. Beside, I doubt I can save $400k without jeopardizing my own retirement and lifestyle.

@Jim and Lynnae – no problem. The pleasure was mine.

]]> By: Lynnae @ Being Frugal http://www.moolanomy.com/65/moolanomy-weekly-roundup-8-college-savings-edition/comment-page-1/#comment-619 Lynnae @ Being Frugal Sun, 16 Sep 2007 14:38:11 +0000 http://www.moolanomy.com/65/moolanomy-weekly-roundup-8-college-savings%c2%9d-edition/#comment-619 Thanks for the mention! Thanks for the mention!

]]> By: jim http://www.moolanomy.com/65/moolanomy-weekly-roundup-8-college-savings-edition/comment-page-1/#comment-616 jim Sun, 16 Sep 2007 13:42:07 +0000 http://www.moolanomy.com/65/moolanomy-weekly-roundup-8-college-savings%c2%9d-edition/#comment-616 Thanks for the link! Thanks for the link!

]]> By: Chief Family Officer http://www.moolanomy.com/65/moolanomy-weekly-roundup-8-college-savings-edition/comment-page-1/#comment-615 Chief Family Officer Sun, 16 Sep 2007 13:20:01 +0000 http://www.moolanomy.com/65/moolanomy-weekly-roundup-8-college-savings%c2%9d-edition/#comment-615 Thanks for the mention - I hope you found that post helpful. I do think that $400,000+ is more realistic if your child wants to attend one of the most expensive schools (Cal Tech, for example, is at $40K per year already, if you include room and board), but those schools do tend to be the most generous with aid also (I suppose they have to be!). Thanks for the mention – I hope you found that post helpful. I do think that $400,000+ is more realistic if your child wants to attend one of the most expensive schools (Cal Tech, for example, is at $40K per year already, if you include room and board), but those schools do tend to be the most generous with aid also (I suppose they have to be!).

]]> By: Dawn http://www.moolanomy.com/65/moolanomy-weekly-roundup-8-college-savings-edition/comment-page-1/#comment-614 Dawn Sun, 16 Sep 2007 12:41:48 +0000 http://www.moolanomy.com/65/moolanomy-weekly-roundup-8-college-savings%c2%9d-edition/#comment-614 Pinyo, Great resources for 529 College Savings information. Thank you. Similarly, I have published www.529Saver.com which is also an objective guide to high quality 529 resources. This information compliments yours well. I hope this is of help to you and your readers. Regards, Dawn at 529Saver.com Pinyo, Great resources for 529 College Savings information. Thank you.

Similarly, I have published http://www.529Saver.com which is also an objective guide to high quality 529 resources. This information compliments yours well. I hope this is of help to you and your readers.

Regards,
Dawn at 529Saver.com

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