Children and Paying for College
By Pam Henderson
Every once in a while, my former career in financial planning intersects my parenting. Perhaps that statement is never more true than when it comes to considering how to pay for college. Every semester when the new college bill arrives, I deliberate with my husband in how to help our daughter make the best financial decisions for college.
In my previous career where I worked to help people achieve their financial goals, I found it much easier to be on the outside looking in. When you’re in the midst of figuring out your own stuff, you’re balancing the wisdom of your mind with the emotions of your heart. Sometimes when you’re stuck in a situation, you don’t see it as clearly as others (and that is why we have armchair quarterbacks and backseat drivers).