GP Moms
bridget0117
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
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Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Saving for college
in GP Moms
Have any of you ladies started a savings for LOs college fund?
DH and I want to start now and add a certain amount each month until she goes to college but we aren't really sure where to start.
How have you ladies done this?
How much should we put in each month?
Re: Saving for college
.
Thank you
I'm going to see if my state offers a program like the one you have. I just don't know what they offer or how that works. Lol!
I asked how much we should put in the savings because I had seen a while back ago a money advisor say you should add so much because college costs so much. I just don't remember how much and I know college prices vary so I just wanted to know how much other people will save for the college fund.
I also wanted to tell you that I LOVE the name Delilah!! Very cute!!
We did this. We had to wait to get Bs SSN, but we had spoken to a financial planner and had everything picked out prior to his arrival. I recommend meeting with a planner, learning about all your options and selecting what works best. There are number of routes you can go, including educational accounts you can use for educational expenses prior to college if you want to look into private schools.
B Born 6.27.13
My new bff Gayle Forman!
“You can have your wishes, your plans, but at the end of the day, it's out of your control"
- Gayle Forman
"People talk about escapism as if it's a bad thing... Once you've escaped, once you come back, the world is not the same as when you left it. You come back to it with skills, weapons, knowledge you didn't have before. Then you are better equipped to deal with your current reality."
- Neil Gaiman
Married Bio
Mrads and Lizzie- Thank you, I knew I had options I just didn't know where to start. I kinda have an idea now. I will do some research and see what works best for us. Thanks again, this is the kind of advice I was looking for
My DH is just like your DH, he wants it to go only for college fund but I'm not really sure what I want yet.
B Born 6.27.13
B Born 6.27.13
We set up a savings account for Ava Nichol on her first birthday. We meant to do it before then but it just took that long! We had money from her birthday that people wanted to put in her savings. We add money automatically every month. We also have a piggy bank and she puts all our change in her piggy bank. Whenever it gets full we bring it in and they don't charge you to count change for kid's accounts. Also the credit union has a cool program that she will like when she is older where she can earn prizes for depositing money.
We also gave the info out to grandparents and great grandparents that had shown interest in building an account for her. I call it her future fund because I want it to be for how she chooses to use it. I had a similar account and I used it to buy a car and put a down payment on a house. One set of grandparents is unhappy about our system because they wanted to set up an account with their names and her name and we weren't comfortable with that. They basically said they don't want to put the money where we can touch it because they can't trust us and they want her to be able to go to them when she needs something. We already don't have the best relationship with these grandparents so that added to the discomfort.
Our Little Raspberry-Born 3/27/12
We Said I Do 09/06/09
What Madie said!
Her???
Lol! I didn't catch that until you mentioned it Madie!