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Update

May 5th, 2012 at 06:56 am

I'm excited to tell you that in the coming week we'll be making the last college tuition payment for DS#1. In total, his college education cost us about $41,000. All of it was paid in cash and we feel so blessed and grateful to have been able to gift him the start of his young adult life debt-free. He has worked part-time since the summer prior to his senior year in high school and still works with the same employer. He paid for gas, books, parking permits and personal expenses for the past four years. As a matter fact, he will start working full-time as of Tuesday of this week. His employer is accommodating his college schedule in the fall since he's only four credits left to complete his degree.

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DS#2 will graduate from high school next month and as expected we have incurred some expenses. Here's the rundown:

yearbook: $117
cap and gown: $25
Senior pictures: $125
Wrestling/Lacrosse banquets: $120
Project graduation: $100 (drug/alcohol-free school sponsored actitity after graduation ceremony)
Senior Prom bid: $95
Senior Prom Tuxedo: $150
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Next weekend I'm headed to New York City to watch Evita on Broadway. I almost cannot contain my excitement. Needless to say this will be a rather expensive outing. Train fare, dinner in the city and show ticket will probably hit the $250 mark.
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On the mortgage front, we made a $1,400.00 principal payment May 1st. We are making good progress on this mortgage payoff goal. I will continue to keep you posted.

I guess this is it for today! I hope you all have a great and frugal weekend.

P.S. I miss Pennywise Meanderings posts; I hope she is okay.

7 Responses to “Update”

  1. littlegopher Says:

    Lots of wonderful! I think the blessings go both ways in your familySmile

  2. momsfirststep Says:

    Congratulations! You really deserve your New York trip. Have fun!

  3. Monkey Mama Says:

    Awesome!!

  4. CB in the City Says:

    Congratulations! My sons went to college debt-free, too, but mostly it was a combination of tuition reduction (because I worked there) and help from their father.

  5. snafu Says:

    Wonderful gift for son to graduate post secondary debt free and it seems you plan to do the same for younger son. Do you agree it's important for our children to contribute to the cost of their education with summer jobs and PT work.

    What fun to go to NY. We who live in the boondocks want you to enjoy the experience for us.

    Hope you'll encourage DS2 to research scholarships, awards, grants or Bursaries requirements. He may have missed the deadlines for 1st year but he would be ahead of the curve for subsequent years. His school counselor, Vice Principal or university registrar should be able to provide basic information.

  6. PNW Mom Says:

    Sounds like things are very wonderful at your house! Enjoy your trip to NYC Smile

  7. Jerry Says:

    Graduating debt free leads to SUCH a huge blessing for him at this early stage. I am really aghast at the costs of higher education in the US (it is just one of the reasons that I am studying overseas, actually). He now has insurance that he can start his professional life without the spectre of loan repayment looming over his every paycheck! Nice going, and congrats all around...
    Jerry

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