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Anyone not save aggressively for their LO?

  1. FannyMae

    persimmon / 1461 posts

    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.

  2. Kimberlybee

    grapefruit / 4997 posts

    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.

    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.

  3. lovehoneybee

    GOLD / wonderful pea / 17697 posts

    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.

  4. FaithFertility

    eggplant / 11861 posts

    Our extra goes twords savings and retirement! We also have a savings for DD but not much is saved!
    We do have Fl pre paid college plan we pay on for her!

  5. Eko

    nectarine / 2148 posts

    <---- This girl here.

    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.

  6. shellio

    pear / 1614 posts

    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.

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