https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Wed, 27 May 2026 08:40:13 +0000 https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo/page/2#post-2433815 Fri, 22 Jan 2016 21:06:26 +0000 shellio 2433815@https://boards.hellobee.com/ <p>We have 529 for each kid but only put in gifts at this point. We are prioritizing financial independence and looking forward to the day I can stop working when we hit our magic number. We are very conservative in our retirement planning so I think we'll be able to offer them plenty of help. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo/page/2#post-2433785 Fri, 22 Jan 2016 20:41:54 +0000 Eko 2433785@https://boards.hellobee.com/ <p>&lt;---- This girl here.</p> <p>I sincerely don't have money to put into paying off debt, retirement, and savings. We will reassess once we aren't paying writing out whole paychecks to daycare. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo/page/2#post-2433775 Fri, 22 Jan 2016 20:32:40 +0000 FaithFertility 2433775@https://boards.hellobee.com/ <p>Our extra goes twords savings and retirement! We also have a savings for DD but not much is saved!<br /> We do have Fl pre paid college plan we pay on for her! </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo/page/2#post-2433771 Fri, 22 Jan 2016 20:30:26 +0000 lovehoneybee 2433771@https://boards.hellobee.com/ <p>We have savings accounts for both of them with money they've been gifted, and my ILs have opened 529s for all of their grandchildren. Family members gift into it on birthdays and Christmas. After the kids are in school we'll reassess saving more aggressively, but for now our extra income goes towards retirement. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo/page/2#post-2433763 Fri, 22 Jan 2016 20:26:37 +0000 Kimberlybee 2433763@https://boards.hellobee.com/ <p>We got knocked off course from our financial goals several times but we're not too worried since we live within our means. We used a big portion of our savings for IF treatments for DD1 and doctor appointments so we are trying to rebuild our savings cushion. We save all of her gifted money and add in when we have extra but it's not a huge amount. </p> <p>I grew up having to pay for everything on my own from first car to college (combo of loans, grants, and scholarships). I hope to pass on the value of hard work and being somewhat independent to my kids too. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo/page/2#post-2433755 Fri, 22 Jan 2016 20:19:20 +0000 FannyMae 2433755@https://boards.hellobee.com/ <p>I don't save aggresively, but she has a bank account with money in it from when she was born/baptism/birthdays/christmas. I contribute $10 a week via direct debit and I never even notice it coming out. really, $10 is less than what most would spend on take away cofees for the week. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433735 Fri, 22 Jan 2016 19:57:07 +0000 sera_87 2433735@https://boards.hellobee.com/ <p>Once I stop paying for their daycare I'll re-asses. I kind of feel I should be putting some away right now to maximize the government matching amounts but obviously not strong enough to do anything about it :p </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433671 Fri, 22 Jan 2016 18:51:55 +0000 littlejoy 2433671@https://boards.hellobee.com/ <p>We are saving aggressively for a house ... Then retirement. I put $5 a week into LO's bank account. Once we buy a house, I'll contribute $90/week, and additional into a savings plan for her. Not super on my radar right now. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433665 Fri, 22 Jan 2016 18:43:10 +0000 Andrea 2433665@https://boards.hellobee.com/ <p>We're doing private school preK-12 so we're focusing on that and our retirement first. We do plan on paying for their college educations, but they can take out loans if we are not able to pay for all of it. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433651 Fri, 22 Jan 2016 18:28:10 +0000 Mrs. Sunshine 2433651@https://boards.hellobee.com/ <p>@Bao: we dont! We're a one income family living mostly paycheck to paycheck (we have extra just not much and we need it for emergencies.) The way I see it is we're doing better than my parents were at this point in their lives. They never saved for us (at least not until we were much older). They helped in other ways like giving us a lump sum when we graduated high school/paying for college classes/letting us live with then as long as we needed. It all worked out fine. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433609 Fri, 22 Jan 2016 17:50:25 +0000 Mrs. Oatmeal 2433609@https://boards.hellobee.com/ <p>@Bao: we don't. We will keep saving monthly to our general savings and our RRSP, and we will help LOs with what we can when university comes around. We have no intention of paying for all of their schooling. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433605 Fri, 22 Jan 2016 17:48:37 +0000 Boogs 2433605@https://boards.hellobee.com/ <p>I'm no financial advisor, but I feel like taking care of you first is the smartest. We don't have a 529 for the kids, but we do have a regular savings account we contribute to regularly. We don't really understand what a 529 is exactly, but our tax preparer (who is really knowledgable about investing) actually recommended we do a Roth IRA instead, which we don't really understand either so we haven't done anything with the savings yet. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433598 Fri, 22 Jan 2016 17:40:10 +0000 sarac 2433598@https://boards.hellobee.com/ <p>Only saving a little each month for college. When I go back to work I'll aggressively pay off my student loans, and then that money will go for college each month. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433586 Fri, 22 Jan 2016 17:24:10 +0000 jhd 2433586@https://boards.hellobee.com/ <p>LO doesn't have a savings account yet. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433552 Fri, 22 Jan 2016 16:59:30 +0000 yin 2433552@https://boards.hellobee.com/ <p>They both have savings accounts, but we don't contribute regularly. It's mainly gifts received from family and friends, and we're lucky that they are so generous. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433544 Fri, 22 Jan 2016 16:55:16 +0000 catlady 2433544@https://boards.hellobee.com/ <p>We are saving for LO but it's a pretty small amount. If you look at the amount we are putting towards our own retirement, we only put like 5% of that into LO's accounts each year (plus whatever gifts from family that we get for her). We started saving for retirement late plus I still have a lot of student loans, so saving for LO isn't our priority right now. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433523 Fri, 22 Jan 2016 16:42:16 +0000 sleepybear 2433523@https://boards.hellobee.com/ <p>DS has a savings account with $75 because we got a check made out to him, but that's all we have so far. We'd like to start savings for kids' college so we can help them out, but we also need to save for retirement and to buy a house. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433508 Fri, 22 Jan 2016 16:31:53 +0000 artsyfartsy 2433508@https://boards.hellobee.com/ <p>Same boat! T has an account but his grandparents are the only ones gifting into it. Haha. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433466 Fri, 22 Jan 2016 16:04:51 +0000 LBee 2433466@https://boards.hellobee.com/ <p>@Truth Bombs: Ha! I was talking with a client today about how the notorious Black Monday was a 500 point drop (what we pretty much had on Tuesday) and the role perspective / percentages play. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433457 Fri, 22 Jan 2016 15:58:31 +0000 Truth Bombs 2433457@https://boards.hellobee.com/ <p>@LBee: I'm legit scared to rerun some of my clients' financial plans when I get back from maternity leave after what the market has done YTD..... Damn life not fitting into my perfect calculations 😡 </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433455 Fri, 22 Jan 2016 15:57:59 +0000 MrsBrewer 2433455@https://boards.hellobee.com/ <p>Us! We are paying off our own student loans, along with putting some into 401k (not as much as I would like). Plus other expenses. We don't have the means right now to put anything into a 529 :-/. Maybe one day </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433451 Fri, 22 Jan 2016 15:53:42 +0000 Modern Daisy 2433451@https://boards.hellobee.com/ <p>We don't! My parents have hinted about paying for college so I will know in 3 years when my nephew goes what their plan is. For now we are saving for retirement! </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433446 Fri, 22 Jan 2016 15:50:41 +0000 avivoca 2433446@https://boards.hellobee.com/ <p>We are not saving for college either. We are choosing to save for retirement now and hopefully when the littles are out of daycare we will be able to squirrel away some money for college. Both of us paid our own way through grants in undergrad (my parents paid the last $800, he had no overage) and loans for grad school that are already paid off. It won't be the end of the world if they pay their own way and we will encourage them to choose in-state schools as long as the programs they want are there. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433440 Fri, 22 Jan 2016 15:47:14 +0000 KT326 2433440@https://boards.hellobee.com/ <p>We are probably not going to pay for LO's college education. We live in an area that has so many great colleges ranging from state to private. I am going to encourage our kids to go to junior college first and get as many pre-reqs out of the way before transferring. I'm hoping they will choose to live at home, at least for a little while, to save money. If not, we will help where we can but we are not going to give them a free ride. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433429 Fri, 22 Jan 2016 15:39:38 +0000 Applesandbananas 2433429@https://boards.hellobee.com/ <p>I put in $50-100/month and try to squirrel away a bit from the tax refund (usually $500-$1k), so he has a little in there, but I don't think that's aggressive. It certainly won't cover 4 years of higher education. I would love to pay for all of his education, but the reality is, I won't be able to. I'm hoping that some combination of his 529 and helping while he's in school (which theoretically should be easier without daycare payments and hopefully in 15 years, DH and I will have higher salaries), we will be able to ease some of the burden. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433418 Fri, 22 Jan 2016 15:34:03 +0000 Mrs. Pink 2433418@https://boards.hellobee.com/ <p>we don't.... I wanted to but hubby really wants her to pay for her own education-- by working or getting student loans if she's not able to get scholarships or grants. We'll help as we can but won't totally foot the bill. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433417 Fri, 22 Jan 2016 15:33:42 +0000 LuLu Mom 2433417@https://boards.hellobee.com/ <p>We have 529s for both girls, but right now only grandparents are contributing to it. we are working really hard on paying stuff off so we can get a bigger house, and our in laws save quite a bit for them so we don't feel as bad hopefully soon we can contribute more. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433413 Fri, 22 Jan 2016 15:30:34 +0000 Mrs. Pen 2433413@https://boards.hellobee.com/ <p>Yeah, same here. I've been in school for the last two years, and we can't live on just DH's income without accruing debt. We have his student loans and mine to pay off, and a little bit of cc debt. So it's not a priority. My son has his needs met and I really don't feel bad if he needs to take out some loans for college someday. That's still almost 15 years down the road! </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433411 Fri, 22 Jan 2016 15:30:11 +0000 snowjewelz 2433411@https://boards.hellobee.com/ <p>We don't have a separate account for DD either. We are just trying to save in general. </p> https://boards.hellobee.com/topic/anyone-not-save-aggressively-for-their-lo#post-2433409 Fri, 22 Jan 2016 15:29:20 +0000 Greentea 2433409@https://boards.hellobee.com/ <p>Planning for ourselves, I think, is more important. I also hope to help them get the best education, which is why we live where we live. </p>