Retirement and College Funds
Should you give every penny to your kids so that they would have a bright future during college? Yes and no. Of course, you have to make sure that they have money when they go to the university. However, you also have to make sure that you’re still saving for your retirement, and that you’re still paying off large chunks off your debts.
Take it from us folks; you wouldn’t want to wake up one day to find yourself faced with a bleak retirement without money. So do yourself a favor: don’t overdo the savings for your kids’ college. Make sure that you have more than enough left for yourself. Because in the end, you’re all that you have.
May 15, 2009
• Posted in: Creating and maintaining wealth

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