As we get ready to send our son to college for the first time, we can feel the pressure on our wine gift basket to provide the cash which is necessary to do that.
That being said, we’re probably one of the few families capable of being able to do that. Of course, we’ve saved some as well, but that isn’t ideal for anyone either. Budgets are tight and saving $250 or more per month starting when your kid is only in kindergarden, or before, simply isn’t possible for most families in this economy.
With college expenses growing faster than inflation by a large run and those same expenses out growing even the stock market, what’s a family to do?