Quote:
Originally Posted by Scanner
How about this choice that many Americans face?
At the end of the year, after maxing their Roths and 401(k)'s, your family has $2000 left over.
Do you vacation or earmark it for college?
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I think you do a little of both. Invest $1,500 for college and take $500 for a family trip. Maybe a long weekend to a nearby state park or tourist attraction. We just did a weekend in Lancaster, PA. Not counting shopping, the hotel was $180 for 2 nights. Meals were about another $120 or so (and certainly could have been cheaper - we splurged a bit). That would still leave at least a couple hundred for some entertainment stuff. And there are cheaper hotel options, too. I'm sure I could do a perfectly nice 3-4 day stay in Lancaster for $500. I would think that most everyone lives within a reasonable drive of a nice place to take the family that isn't terribly expensive.