<p>Each family’s situation is unique. Each med student’s situation is unique. While we can learn from others what they do or plan to do under their unique circumstances, it would be unwise to try to draw any universal truths. </p>
<p>That being said, my family is just 3 people. Me, esposa, nina. That’s it. We don’t see finances the same way as others. It’s really just “our money” (family joke ;)). Chances are that (as long as we are able) we will continue to contribute all we can to make our daughter’s life easier, better, even more fun. It is our hope that we will be able to keep her interest from accumulating during residency by transferring the amount we give her now to interest payments. Maybe even a little principal. </p>
<p>Right now, that money goes to make her life better while in med school. Better apartment. Car. Trips home. Trips to visit friends. Some spending cash. Frugal? No. Not really. Extravagant? No. Not really. (O.K… Maybe that trip to Europe this summer is a bit over the top but everyone needs something to look forward to ;).) </p>
<p>Interest will be several hundreds of dollars a month. If we can pay that during her 3-5 year residency and specialization that would be a great use of “our money”.</p>
<p>I sure hope we can do it.</p>