In the Washington Post, Joe Heim, a father of a six-year-old son and a four-year-old daughter discusses a thing a lot of parents go through: Wanting to save for his kids' college educations, but not actually saving for his kids' college educations.
Do I need long term insurance coverage? Should I get a new plan once I have my finances in order? Also I've heard that some of them are semi-scams that don't cover much or have restrictions on what they will cover. At this point it kind of seems crazy to put so much money into something that I may not use for 40 years or more. But then on the other hand I guess I could get in a car accident and be paralyzed tomorrow? — S.L.
What should I do with my tax refund? The answer to that depends on what your priorities are.