Comments for Her Two Cents

Comment on My College Savings Stress, Solved! by Personal finance links round-up « Leigh's Financial Journey

Personal finance links round-up « Leigh's Financial Journey — Sat, 28 Jan 2012 20:51:04 +0000

[...] Her Two Cents discovered an awesome way to save for her girls’ college education! Basically, she figured out that she can replace “daycare” with “college [...]

Comment on My College Savings Stress, Solved! by South County Girl

South County Girl — Sat, 28 Jan 2012 06:09:24 +0000

While my husband and I are childless right now (and who really knows if we will ever have kids, were only 25), but I think this is a great way to stay motivated and be able to meet your goals.

It’s kind of like saving your raise or bonus every year. Some people just can’t wait to spend the increase & upgrade their lifestyles with continual payments and that the money just disappears. They forget how they got by without smart phones, flat screens, and nicer cars.

But if you have a plan for your money before its “free” you have a better chance of actually saving it!

Comment on My College Savings Stress, Solved! by Kate Ashford

Kate Ashford — Fri, 27 Jan 2012 21:55:16 +0000

I’m sure it’s simplistic, as a friend of mine (with older children) has already pointed out. Even in public school, there are activities and summer camps and things of that ilk that take money. But it does seem like we’ll be able to put a sizable chunk away once daycare is off the books. Thanks for dropping by!

Comment on My College Savings Stress, Solved! by Leigh

Leigh — Fri, 27 Jan 2012 21:48:49 +0000

Wow, that sounds like such an easy way to look at it! I love it! It’s really just replacing “current childcare” with “future childcare” in your budget.

Comment on My College Savings Stress, Solved! by Kate Ashford

Kate Ashford — Fri, 27 Jan 2012 19:14:08 +0000

We, too, will be counting down the days, since I hope we won’t be shifting *all* of the money into savings. (It’s a huge chunk!) But even if we only shift half, it’s going to make paying for college so much easier. (I hope!) Thanks for the comment!

Comment on My College Savings Stress, Solved! by Learn From A Teacher

Learn From A Teacher — Fri, 27 Jan 2012 19:11:39 +0000

Reblogged this on Learn From A Teacher and commented: While I was a stay-at-home mom before my daughter was able to go to school, I remember hearing so many of my friends count down the days until they could stop making daycare tuition payments. Shifting the money into a college savings account as soon as children enter school is a great way to try and combat the high costs of higher education today.

Comment on My College Savings Stress, Solved! by Learn From A Teacher

Learn From A Teacher — Fri, 27 Jan 2012 19:07:38 +0000

I love this idea. While I never had to pay for day care since I was a Stay-at-home mom, so many of my friends counted down the days to spend their daycare tuition somewhere else. I think this is a great “shift” for the money. Happy saving!

Comment on The Latest Gym Incentive: Pay As You Don’t Go? by Russell Dunkin

Russell Dunkin — Thu, 19 Jan 2012 21:46:00 +0000

For what it’s worth, I completed my first week testing it on Sunday. Choosing the 3 day goal, I “earned” a little over a dollar. I was actually there 5 days, but didn’t want to risk paying out so I didn’t get as much of the pie.

Comment on The Latest Gym Incentive: Pay As You Don’t Go? by Kate Ashford

Kate Ashford — Thu, 19 Jan 2012 19:09:39 +0000

Kate, evidently you can update it week to week if you know you have a tough week coming up. But still — it would be a leap of financial faith.

Comment on The Latest Gym Incentive: Pay As You Don’t Go? by Kate Ashford

Kate Ashford — Thu, 19 Jan 2012 19:08:47 +0000

Virginia, I agree on all of your points. It was the earning-money thing that interested me, because clearly losing money isn’t the world’s best motivator!