College vs. Property: Which is the Better Investment for Your Children? - Financial Freedom, #85 - E-book - ePub

As parents, we are responsible for our children until the day we leave this Earth. Yes, this is a different mindset than when we were growing up. Unfortunately, the economics of life has changed. No longer can one person achieve everything in one lifetime-they will need help. It starts with making the tough choice between college, trade school, or the military. But this decision involves a significant factor-if you have a property for your children. Owning a home for your children reduces their workload by 50-75%.
Indeed, most of one's income goes toward buying a home. If we truly want to assist our children, buying a home for them early in life will give us the biggest dividends. It will be a hassle but well worth the pain. Good Luck!