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Old 11-30-2012, 10:21 AM   #7
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bigmamakelsey
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Join Date: Oct 2009
Location: Montana
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Re: Paying for college

We are relatively comfortable living day to day, but we struggle with saving anything only being on 1 income. I plan on opening an $1,000 CD through our bank every year during tax time. They accrue quite a bit of interest and are safe and secure. They aren't able to cash out until 5 years (and you don't HAVE TO cash them out after 5, they will keep building interest) so I like the idea of having money there collecting interest that I can't touch. That's our plan. We'd like to pay for as much as possible, but realistically we won't be able to pay both kids college in full if they decide to go.
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