We plan on helping both DDs with post secondary education and have been saving in general for both of them. I plan on returning to work within the next five years to help with our financial goals. Hopefully we will be in a position to pay for both of their entire tuitions when the time comes however, they are being raised with the idea that they have to contribute towards paying for the cost of whatever further schooling they choose.
They will be expected to get summer or after school jobs during high school and university. Some of the money earned from these jobs will go towards tuition or paying for books. We will help them with any shortfall.
We've decided that we will only help in terms of the actual cost of attending school (tuition, other associated fees and books, possibly transportation). We live within commuting distance to several good universities/colleges/trade schools. The girls are free to move out and live on or off campus. As this will be their own choice, it will be their responsibility to pay for residence. They are welcome to stay at home for free.
DH and I both contributed to paying for our educations in various ways (scholarships, bursaries, part time jobs) and we feel that doing so was a positive experience. We want the girls to have the same experience.
Last edited by eyreapparent; 01/17/14 10:17 PM.
