We’re on Baby Step 6 of Dave Ramsey’s plan. Talking to the teens, we were able to say you don’t need to fill out the FAFSA, though we appreciate you applying for scholarships. But I don’t need to attend the college loan application session they were inviting my firstborn’s class to because we don’t need it.
Then had to discuss expectations and requirements with firstborn. We can pay for school if state school and you live with us. We’ve already discussed her career plans, how she can get that degree and certification, and schools that have decent programs. But this is not a blank check to attend a private school for four to five years.
I thought you cant attend college without without completing FASFA. I filled it out for my kids. They got 80k in free money for college. I’m not talking loans.
Yes, exactly. We told ours the same. This is what we can do for you and we did. We were able to cash-flow the third and have no college debt and no mortgage in 2008. No Student loans for any of the 3 and they thank us profusely.
More power to you on Baby Step 6. We weren't totally gazelle intense on it but we were close. We kept figuring ways to throw more at it. Then I got layed off and the severance package paid off the house even after we tithed on it. My wife had a job and we sailed on through it. I came back and was a contractor for 2 years and saved some in Roth IRAs. The wife still loves her work (nursing) and we are on baby step 7 and giving.
D.R. Rocks!