Re: College Expenses
First- If you are a serious Dave Ramsey parent then you teach your kids as they are growing up to be financially responsible. I agree that I would not even consider helping my kids pay for college unless they had proved they could handle it. If you raise a spoiled little princess then you get a spoiled little princess. My opinion is that they have to earn the right to have me help them same as they have to earn scholarships, their own money etc...
Second- That step is after you have paid off everything but the house and fully funded your retirement. If you can't help them then they will have to figure out a way themselves.
And Third, if you can help and they are responsible wouldn't you rather they didn't start life with thousands of dollars of debt?
|