It's real simple...don't spend more than you make, pay off your house ASAP....don't buy a new car every 2 years....have at least 6-12 months of savings " SAVED"..don't buy the latest and greatest toys (APPLE)....let your kids know that you cannot "fully" cover their college tuition...they have a lifetime to catch up..every parent has invested $100,000's in their kids...and if you can afford more, good for you
I've done Ok...daughter # 1, took out 1 loan $ 4000...this will be paid off next year.....daughter #2 ...NO LOANS....my kids got some scholarships...they didn't qualify for any grants....basically because I had..SAVINGS and INVESTMENTS