If you have young children and a house, you may have faced the dilemma of whether to pay off more money on your mortgage or start putting money towards a college tuition fund for your children. So, what’s the right answer? Well, every answer is different given someone’s situation. Here are some things to consider:
- First off, evaluate how many kids your going to be putting through college and how much time you have to build up cash for college. If you’ve got teenagers, then you’ll have to start saving yesterday for college.