How I put my son thru college
Dec 16 '00
When I had my son (many moons ago)......I knew I needed to begin saving
for his college education (because I'm financially neurotic). I was
19 years old and could barely pay my bills....but I knew if I started to
find a way right then to save for my son's education it would make my
life much easier.
I immediately bought 25 shares of stock with the cash gifts I had received
from friends and family as baby gifts. From that point on every single
month I sent a check for $25 to purchase additional shares directly from
the company.
In the beginning it didn't seem like much and I didn't think I was every
really going to get anywhere with this account. But thanks to my vigilent
saving tactics and stock splits and dividends...when he turned 18 and
was ready for college.....I was VERY proud to be able to give him almost
$50,000 towards his expenses.
I've now started the same savings plans for all my nieces and nephews intstead of sending them Christmas or Birthday gifts each year. Maybe
now they think I'm a "scrooge" but when they turn 18 and need a new car
or help with college.....Aunt Debbie is going to come thru for them with
flying colors!!!
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Epinions.com ID:
Immikes
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Member: Debbie Neumann
Location: Scottsdale, Arizona
Reviews written: 90
Trusted by: 29 members
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