yeah, that’s an idea too… so many different ways!

With this plan, you are maximizing the benefit of the 529 money and minimizing potential penalties if child No. 2 does not need much help for college because of scholarships, or a different life path. If both children have an equal need for financial assistance, you can just make sure that an equal amount is dispersed to each at a later time.

I’m not sure I could hold out once I was a millionaire ;)

How true that is my friend, how true that is. I’m just waiting for mine to start trying out for the NFL so he can hook up his ol’ pops for the rest of his life ;)

Oh well, those little baby cuddles are priceless.

I think that’s as good a plan as any :) I just love hearing that parents ARE saving money for their kids to go to college since so many people poo poo on the idea of higher ed these days… Yeah the costs are getting outrageous, but it’s still good education! Even as a self-employed man I still want my kids going to college… No way I’d be here today if it wasn’t for that degree and everything else life-related I learned throughout those years.

HAH! I bet it has :) I learn a shit ton from other bloggers out there, it’s awesome. Also from my commenters here too!

I do the latter – wait to the end and then throw it all in with one big chunk. Mainly cuz I never know what the amount will be, like you said.

But that’s just how I do it :) Other, probably more smarter, people might invest a little each month and do their best to estimate it so they’re dollar cost averaging all those investments. And can then square off at the end once taxes are ran. I just personally feel more comfortable waiting once everything is said and done since online income is so drastic sometimes. And don’t want to play the xfer around game and screw anything up.