I realize that the whole point of a college savings account is to have it available for tuition and expenses. Still, I fantasized about paying for Lauren's college and somehow keeping that account intact.
Relying on savings alone to pay for college presented another problem. Our college savings could potentially be depleted to zero over time, leaving us with no safety net.
During Lauren's toddler years, it felt like we had plenty of time to develop a plan. But by middle school, panic set in as we faced rising tuition costs.
I bought a storage unit business, and it became so successful that it has paid for her full tuition, allowing us to avoid student loans.
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