Hi Income No Savings

[mom2collegekids]

@AndrewGratitude

Thanks for all your comments. It’s embarassing, to say the least, when you have not saved for you only kid’s college. Your comments have been so helpful and given with such respect that I, well, I’m just grateful.
For those kind enough to ask–11th grader, 4 APs (including physics) this year, Student play lead as a soph last year and again this year (both music and drama), 3rd year speech (DM-broke once…so far!), 96 avg to date in a specialized HS of about 2500 kids. Thanks again!

Most have not saved. Right now, that’s not the issue at all.

The QUESTION is… when your only child goes off to college, HOW MUCH CAN YOU CONTRIBUTE EACH YEAR? $5k? $10k? $20k? More? Less? WHAT???