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Old 10-30-2012, 05:50 PM   #41
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They sound like Dave Ramsey devotees to me. Smart kids - very impressive.

I really, really, REALLY wish they taught this stuff in high school. And college too. Can you teach personal finance common sense?
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Old 10-30-2012, 08:28 PM   #42
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They sound like Dave Ramsey devotees to me. Smart kids - very impressive.

I really, really, REALLY wish they taught this stuff in high school. And college too. Can you teach personal finance common sense?
I have tried to get into the schools in my community, but the admin says it is "unnecessary"................
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Old 10-30-2012, 09:17 PM   #43
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And they did this themselves? Without paying ~1% for advice?

Good work kids.
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Old 10-30-2012, 09:43 PM   #44
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I have tried to get into the schools in my community, but the admin says it is "unnecessary"................
Have you tried the parent-teacher associations?
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Old 10-31-2012, 08:29 AM   #45
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Have you tried the parent-teacher associations?
Yes..........
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Old 10-31-2012, 09:23 AM   #46
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They are off to a good start. All they have to do is keep it up for 20 to 30 years.
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Old 10-31-2012, 10:25 PM   #47
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Education and decent income are part of an example like this. Both maxing out 401K's while saving 20% for a down payment, while buying cars without savings requires a decent income. A couple making 50K a year could not replicate this example, since after 35K annual contribution to 401Ks, House Payment (or saving for a house), cash for cars in the same year, no money is left for food or taxes. When I was young I went from broke week to week to a saver with a surplus without changing spending habits, my income went borderline poverty to substantial only because of a degree.
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