Are you planning to pay your child's college education?
I don't personally know anyone whose parents paid for their college, and mine certainly couldn't even if they had wanted to. Given that tuition prices have only risen exponentially since I was college-aged, I haven't even considered the possibility that my husband and I would pay for our kid's someday (she's a newborn)
I've seen others reference college funds for their children (mostly on Reddit and in like, idk, banking commercials) - I guess my question is mostly I'm wondering if this is realistic for some people still and how? My husband and I are what I think is probably "lower middle class": one missed paycheque away from not making rent each month, but we live within our means and we are comfortable and don't stress too much about money. We drive used cars, live in a very nice rental in a small affordable town. No debt, only monthly bills are car insurance, rent, utilities, phones, and internet. We are barely saving any money each month together, I don't consider myself very financially literate, I am 29 with no credit...how would it be possible for us to put money away for our daughter's future potential college tuition? Neither my husband nor myself have a post-secondary education. I literally cannot conceive of any way we could pay for our daughter to go to school. It blows my mind that that is possible for some families.
So I guess this post is mostly a poll: are you and your partner saving for your child(ren)'s college tuition? And if so, what's your financial situation that allows you to do that?