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New Dad: Tax Savings and College Investing Ideas
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Notofthisworld
Posted 1/5/2025 11:21 (#11042083 - in reply to #11041448)
Subject: RE: New Dad: Tax Savings and College Investing Ideas


My mom stuck all out birthday money in an Edward Jones’s account. When I got home from my honeymoon a month after graduating college she handed me a check for it, it was about 10k. Made the down payment on our first home on a FHA mortgage.

That was a huge blessing at the time. We had learned to manage money in college and had good jobs lined up. Being able to start our life owning a home put us way ahead vs having to rent and save up a down payment.
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