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Old 12-12-2012, 12:19 PM   #40
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Originally Posted by bimmerfan08 View Post
Or spent on a quality college education where schooling really does matter.
I'm investing in the front end of their education so that by the time they get to college they have a solid foundation to build on and hopefully more choices in which college to attend.

The cost of college by the time my kids will attend will be astronomical, so unless parents are very wealthy, they cannot save enough to pay for college in whole. I'd rather prepare them with solid elementary and high school foundations so that they can have a better shot at competing for scholarships and learn good studying habits from a young age. If my kids are not taking it seriously then it is a waste, so it is up to them to make the most of the opportunity I'm giving them.

I realize this is not a traditional viewpoint and goes against the grain of saving for college vs. saving for elementary/high schools.

Different strokes for different folks. Money will likely have to be borrowed for college in any case, so I'm willing to take the risk.
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