I was running some number for my niece who is 16 months old and what her college is going to cost when I came across the LAUMC Children's Center in the area where I live. These parents must be the super obsessed types that you read about in the newspapers (or those in Japan) because they are paying $2,700 a year for a 2 year old's education (talk about starting them young) and $6,500 for a 5 year old's education. For the entire preschool (remember, the child hasn't even hit kindergarten yet) you're looking at tuition costs of $16,800 (better start saving the second the kid is conceived)

Of course, I did a bit more research and found that those numbers weren't anything. The Third Street Music School in New York charges $9,150 for 5 morning classes a week for a total of $36,600 for those 3 - 6 years old. I don't think my college education cost that much and there are certainly a lot of colleges where you could get a degree for less than that.

I'm thinking that maybe I should get into the prestigious preschool business...

One of the fun things of coming back to the US is that I have the opportunity to see my niece a bit more. You may be wondering what my niece has to do with money, but she is one savvy saver already. She's also a cutie!









That last photo is me with mom (my sister).

Roger Sorensen who manages Investing Page answers the following question: "Should I put it in EE bonds, the I-Bond or would the stock market be better?" over at Reduce College Costs