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How are you saving for college and when did you start?”

2 replies so far...

  • Not yet...our plan is to get out of debt...then work on college savings.

    Flag as inappropriate Posted by mamajama on 8th October 2007

  • I wish I could say we were, but as our daughter's school has cost $15,000 a year for the last 12 years saving has been impossible. Plus we live in a country that until recently had 120% inflation-- no one saves. As soon as anyone gets money, they plough it into real estate or something else that will appreciate along with inflation. There were no mortgages until a a few years ago-- everyone bought houses/cars/everything with cash. If our daughter does not qualify for an academic scholarship (she is a very dedicated student) we will probably have to sell off some real estate to pay for it ourselves.

    Flag as inappropriate Posted by KatieK on 12th September 2007