<p>I started very, very late in saving for my D2. Right now I only have about $65K for her in a combination of 529 and Savings Bonds (I and EE). A lot of my savings bond money was “sqaundered” on D1 who went to one state school and flunked out after the first semester $3K of my money gone there. Then she came home and got into a local state branch university (nursing program) with very low tuition…and flunked out of that. Don’t know how much I blew on that. She was academically suspended and had to sit out for a while. Then she went back to study accounting. I kept on asking for her grades but she kept telling me she “couldn’t remember the password.” At this point I cut her off of any of my funding for schooling. She has since married and is living about 2 hours away. She is attending a local CC there and is funding it through loans (I think). </p>
<p>Anyway, I’m socking away $400/month for D2 (who is very ambitious) and wants to do well in college. Unfortunately, our income does not allow us to use the Savings Bonds for college and get the tax benefit, so I guess I’ll cash them in as a last resort.</p>