Today I started my University fund!
by, 06-25-2009 at 11:49 PM (1013 Views)
I decided that it was important that I start in this.
I have a tax free savings account that I opened, and today I deposited $516 So that is a great feeling. That's nearly 2 classes paid for. I should have more money coming in tomorrow. And that check will got to the FFEF
There may be more when it's all said and done. We're on holidays for two weeks camping, and really other than groceries and a case or 2 of beer, we don't spend, so I'll likely have another $300 then to put on the college fund
Now, once I get the 3rd and 4th child in the dayhome, I have the budget to the point that we are living almost entirely on dh. So child 1 and 2 are FFEF. Child 3 and 4 will be my Unversity fund And when FFEF is done, that'll be extra principal on the mortage. I hope we get there before the anniversary. I only have 18 mo to 2 years to do the extra principal, as after that I'm hoping to be in school full time and it will be a super tight budget. But with a FFEF and a University fund to pay for that.
It feels absolutely fantastic to have a plan And to think 6 mo ago, I was so stressed month to month as to how everything would be paid off. Now we are accerating the mortgage pay have a great start the FFEF and now a University fund. Who'd have thought it? Dh had his hours cut, they did a round of layoffs. It was terribly scary.
And now my outlook is so fantastic! I think I could concur anything!