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529AUG

August 21st, 2006 at 02:38 pm

I have yet to set this up. I'm already in the black for this. I owe Jasmin upwards of $150. But, realistically I would pour money into this. I tried to plan her arrival financially. I've disappointed myself. =(

1 Responses to “529AUG”

  1. LuckyRobin Says:
    1156194267

    I don't think you should worry about this right now. Jasmin is a baby and you are in debt up to your eyeballs. Work on getting out of debt and then you can plow money into a 529 if you want. Raise her with the idea that she has to contribute to her college education, by either getting scholarships and grants or working or both. College should be a joint venture between parents and kids. Do not let yourself feel guilty about this. Re-evaluate where you are when she is five and then if you are out of debt you will be in a much better position.

    Another thing you can do is sign up with UPromise or one of the other organizations that give you a percentage of money into a college account for purchases you make in your every day life. This way of saving for college is painless.

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