When couples decide they want to start a family, those who understand just how expensive children really are start their preparation much in advance. Not only should a couple ensure they have enough money to pay for their baby’s diapers or crib, but they also have to think far ahead into the future, and plan how they will pay for their kids’ weddings or college education.
That is what leads many young couples to start saving before they even start trying for a baby. This way, when their children turn 18, they are handed a decent fund to help with the expenses adult life may bring along. Even if it’s not much, it can still be significant for a young adult.
That was the thought process of the couple in the story below when they started setting money aside for their daughter’s college fund. Even though she is only two years old, they know this money will pile up to create a great fund for her in the future.
At least, it should have, before her dad decided to spend it all on a speedboat. When his wife found out, she confronted him for his reckless actions.