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<blockquote data-quote="zoggle101" data-source="post: 907819" data-attributes="member: 5436"><p>Thank you for all the information Dayton, and appreciate you taking time out of your day to offer guidance and advice. I'm going to dig into some of the stuff you mentioned a little further.</p><p></p><p>70K might pay for a year of college by the time he hits high school, but anything is better than nothing. </p><p></p><p>I might have to talk to the wife about the whole private school education she wants to give our child. I'd rather put the 6-8 thousand we'd save by sending him to a solid public school around here into investments like the 529 you mentioned instead. A lot more money for him if he decides to become a doctor, engineer, etc... that will take 6-8 years of college to complete. I don't know how she'll respond to that because she's already decided its going to be an expense in our budget similar to the 7k we spent on child care last year.</p></blockquote><p></p>
[QUOTE="zoggle101, post: 907819, member: 5436"] Thank you for all the information Dayton, and appreciate you taking time out of your day to offer guidance and advice. I'm going to dig into some of the stuff you mentioned a little further. 70K might pay for a year of college by the time he hits high school, but anything is better than nothing. I might have to talk to the wife about the whole private school education she wants to give our child. I'd rather put the 6-8 thousand we'd save by sending him to a solid public school around here into investments like the 529 you mentioned instead. A lot more money for him if he decides to become a doctor, engineer, etc... that will take 6-8 years of college to complete. I don't know how she'll respond to that because she's already decided its going to be an expense in our budget similar to the 7k we spent on child care last year. [/QUOTE]
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