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I'm all for saving. But it is a balance. If your child applies-for a loan, assets are looked at, So if they have savings, the loan amount may be affected by their assets.
Unfortunately it is a game and I would talk to someone who can advise you. I am big on the 529 plans. it is essentially a good way to launder money.
Get some professional help.
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Jim
1983 944n/a
2003 Mercedes CLK 500 - totaled. Sanwiched on the Kennedy Expressway
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