Just a 48-year-old mom of 2 in Northern California. My kids are Monkey Monkey(MM) and Drama Llama (DL). I am married to Monkey Hubby (MH). MM(22) Sep 2025 'Gifted College Fund': $14,897 (+$5K ROTH)
MM(22) Oct 2025 'Gifted College Fund': $13,759 (+$5K ROTH)
Rent is paid through 11/30.
🤯
I will blink, and the school year will be over. I suppose our biggest expense is rent, though school didn't start until mid-September. The rent part is about halfway done (July thru July). I pay all the bills the first of the month, so basically December rent is already taken care of (covered with my November income/expenses.) I might not transfer the money to MM(22) for a couple of weeks, but it's long gone as far as my accounting is concerned. I've moved on to December. & in December, I will be sending MM(22) his January rent money.
I told MM(22) the other day that I will be celebrating that last tuition payment. That will be in March.
Like I've said before, it's less about the actual cost of tuition (low). & more about moving on to the next chapter. But it will be nice to confirm he is *done* (after extending one year). & it's just this whole other mental load, remembering to pay tuition 3x per year. Extra so, with the quarter system. (& of course, was a lot more when sorting out constant financial aid refunds, wondering how on earth MM would find housing, etc.) The monthly rent is a little more *shrugs* as it is part of my monthly accounting cycle. & will likely just shift over to paying rent for DL(22), anyway.
Note: I would have felt *shrugs* if we paid rent x2, re: money set aside to cover college living expenses. But I can appreciate the simplicity of only having one rent payment to keep track of. The timing worked out that I will only be paying college rent for one kid at a time.
In other news, we have entirely replaced MM(22)'s $20K college fund (what we personally saved for college years). & so we will be moving on and working on replacing DL(20)'s $20K college fund. While we have not used any of DL's money, I did divert $5K into retirement in 2024. So we can start with replacing that $5K. It will be nice to have these funds when other things come up.