I thought raising 4 kids would get cheaper once day care and braces were behind us. Then college bills hit.
Source: Business Insider ·
We're raising four kids and earn too much for need-based college aid. Now we're taking on loans to help two of them afford tuition.
From the source
The author has two kids in college.Yuliya Taba/Getty ImagesMy husband and I have four kids and thought we'd finally have more financial breathing room.We earn too much for need-based college aid but not enough to comfortably cover tuition.We've taken on loans for two kids and are worried about how long we'll be paying them off.The other day, I was talking with a friend. We were discussing how parenthood has so many phases, especially when it comes to money.I remember thinking, "If we can just get them through day care, we will have so much more financial wiggle room." Then, it was braces for three out of four kids and glasses for two out of four. Then came a car, plus sports/activities like cheer and hockey. Don't even get me started on teen needs and wants.Boy, were they expensive, and every single one came with lessons on the cost of things and how they had to help fund certain items or wait until birthdays or Christmas.As we moved out of the high school years with our eldest son…
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