College financing # 4

I’m Miriam Neff, and I’m Valerie Neff Hogan, with Wise Women Managing Money

M Most of us have limited financial resources.  Emotions can push and pull us to make unwise decisions.  Let assume that you value education.  Your child or grandchild is inclined toward a college, accepted and to make it happen you could help.  You could simply take money from YOUR retirement, and the plan will work.

V  That’s a ‘no not ever’ scenario. I Timothy 5: 8  Providing for your family means to the best of your ability provide for yourself as a vintage couple or individual when you may no longer have an income.  That’s a priority above that college expense today.  There are no scholarships or student loans for retirement.

M  Don’t wait until Johnny or Jenny is a high school Senior to start planning.