Quote:
Originally Posted by Mr.HappySilp
Don't do it! Let the kids pay for their own university! It teaches them the vaule of money. Besdie they can do a part time job when going to school or maybe even Co-Op to leanr the concerpt of financial and maybe get some connections/netowrk going for their career.
I save a TV show and a lot of parents have to re-mortgage thier house for the exact reason you are going to do. The best I would do is let my kids live at my house rent free while at school but other spendings they have to find their way. What if after you re-mortgage you can't afford the mortgage any longer? What if after your kids garduate they can't hold a decent job to help pay your mortgage......
Better be safe than sorry.
|
Word. My parents didn't pay for my school. I moan about it sometimes but I think it makes me a better person than what I would have been.
Do you guys think having kids is an investment?