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How I put my son thru collegeDec 16 '00 Write an essay on this topic.When I had my son (many moons ago)......I knew I needed to begin saving for his college education (because I'm financially neurotic). I was 19 years old and could barely pay my bills....but I knew if I started to find a way right then to save for my son's education it would make my life much easier. I immediately bought 25 shares of stock with the cash gifts I had received from friends and family as baby gifts. From that point on every single month I sent a check for $25 to purchase additional shares directly from the company. In the beginning it didn't seem like much and I didn't think I was every really going to get anywhere with this account. But thanks to my vigilent saving tactics and stock splits and dividends...when he turned 18 and was ready for college.....I was VERY proud to be able to give him almost $50,000 towards his expenses. I've now started the same savings plans for all my nieces and nephews intstead of sending them Christmas or Birthday gifts each year. Maybe now they think I'm a "scrooge" but when they turn 18 and need a new car or help with college.....Aunt Debbie is going to come thru for them with flying colors!!!  |
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