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College Investing Complete

June 22nd, 2018 at 10:35 am

We made our final college investment contribution this week. We have been sending in $333.33 each month to our youngest daughter's ESA. She turns 18 in July, so we increased it from $166.66 we have done monthly in previous years in order to meet the maximum contribution for the year. Once the child turns 18 you can no longer contribute to their Educational Savings account.

I'd really like to send this money to the Big Goal. But I may need to be realistic and save it for out of pocket college costs that may not be covered with what we have saved.

I'll run some numbers soon and see what we should do, since it may not need to be an either or decision. In the meantime it does feel good to check off that goal! Invest for college complete. What baby step would that be on the Dave Ramsey plan?

4 Responses to “College Investing Complete”

  1. My English Castle Says:

    Excellent work, CCf!

  2. Amber Says:

    Saving for college is BS5. This is awesome, way to go!

  3. Dido Says:

    Congrats on getting to goal!

  4. VS_ozgirl Says:

    That's wonderful!

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