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Yes! One of the reasons I didn't go to college right out of high school was because the idea having to pay for it all myself was just so overwhelming - even with financial aid and especially with loans, which my parents always complained about like student loans were the worst thing in the world and should be avoided at all costs. So I definitely want to start putting money away for Nova's education. College is ridiculously expensive, but I don't want that to affect her decision to go.
My parents and Tim's are firm believers that the student should pay for college, and we feel similarly. But, we are saving money for both kids. What my dad did was teach me how to save and invest money (I didn't listen well, but now I remember the lessons and it helps!) and when I turned 18 the money I had saved and invested was mine to use however I wanted. Of course, I didn't use it well and I'm sure he was disappointed, but I lived and learned. We are doing something similar for our kids.
Maureen - I'm not hip on paying for a wedding either. We will pay for part of a wedding, but not the whole thing. That goes for all kids, boys and girls.
__________________ Joanna wife, mother, blogger, support group leader, perpetually behind on laundry
Yes, we are slated to start her savings as well as her future sibling's in April of next year.
We will definitely set aside a small amount of money for a wedding. They can plan a very low-key wedding using just what we give, they can take it and add to it for a bigger wedding, or they can elope and use it towards a big goal like a house. It's up to them - boys or girls.