College Blues

Wai Mun Fong and Benedict Koh

Chapter 16 in Managing Your Personal Finance:From Start of Career to Retirement and More, 2020, pp 105-113 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Dear David,It’s a pity that school isn’t as easy-going as in the good old days. I remember having plenty of time to doodle between classes (often in the midst of lessons as well). Looking back, I consider it a miracle that I did well enough to get through college. Thank goodness for that, considering the hard work and money my parents put in to provide me with the best education possible. Your mom and I decided early in our marriage that we would do the same for you and your siblings. Each month, we deposit part of our salary into a bank account that is earmarked for your college expenses…

Keywords: Personal Finance; Investment; Managing Money; Retirement planning; College planning; Borrowing; Buying Bonds; Investing in Real Estate; Estate Planning (search for similar items in EconPapers)
JEL-codes: D14 (search for similar items in EconPapers)
Date: 2020
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