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Our college savings plan is a bit unconventional and I wanted to post and get a reality check. My kids are currently 4 and 8. My wife is a stay at home mom. We live within my salary and are maxxing out my 401k (s&p500 index fund). The house will be paid off when my oldest turns 12 (4 more years). We have no other debt (we hate the stuff). In 2 years or so, my wife will start working part time again. She was a programmer, so she should be able to get a decent wage. We will continue to live on my income and bank(invest) my wife's. By the time my first child reaches high school, my wife will be working full time and making good money. We will probably be able to fund a college education for both kids without touching any savings by using my wife's salary. Yes, I know that we would have a LOT more money if my wife works all along, but we wanted the kids to be raised by a parent (but, then again that's a whole other can of worms for a different discussion board).

I ask you.........ARE WE CRAZY?
or might this approach have a chance?

Bob B.
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