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Retirement is a distant and theoretical concept for most people. College, on the other hand, is more like a freight train picking up momentum and heading right at us. When suddenly confronted with the overwhelming reality of college costs, parents take action.
College is a multi-year project that is 5 – 7 times more expensive than the average kitchen remodel. But like a remodel, it takes planning to pull it off successfully: an investment of time, expertise and money in advance.
The students have to do the work, and we have to hold them accountable for doing it. When we do, they won’t drop out, give in to peer pressure, or take six years to get a four-year degree. And we’ll save a small fortune.
Having your college student home for the holidays is the next evolution in family traditions. It just includes more food, more laundry detergent and zero expectations of seeing them before noon. But it’ll still be worth the wait!