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In reply to the discussion: Ok, so people are supposed to save for their retirement AND for their children's college fund???? [View all]Docreed2003
(18,714 posts)Although, I've been admonished by some from the Baby Boomer Generation on this board that concerns that our generation has about paying for our kids college, saving for retirement, and, almost forgot, paying monthly for student loans, is just our generation crying because we borrowed too much or we weren't as responsible as their generation or we don't work as hard. To those retorts, I say "Fuck that". Our generation borrowed to pay for exorbitant tuitions, tuitions that couldn't be payed by merely holding a part time job. We have fought for every dime we have, we pay our student loan debt, and yet we have families to support. So, yes, we could have chosen not to have children, but we did...and now many of us in the Gen X/Y realm are dealing with paying for student loans and mortgages while at the same time planning for our children's future, while balancing a retirement plan. The issues we face today, while on the surface may be similar to prior generations, are vastly different, namely because the cost of EVERYTHING is exponentially higher than it was for prior generations. It's far past time for a change...