Summertime! And the livin' is....

Well, it's just not so easy, is it? With gasoline hitting $4.00 a gallon, prices for everything from milk to rice creeping up and up--and home prices creeping ever further down...well, it's no surprise that the only thing our yet-to-arrive economic stimulus check will stimulate is our credit card debt!

What are you not doing this summer?

We're not going to my husband's sister's wedding in Turkey. We're not looking into pre-school for our 3 year old. We're not buying mother's day/father's day/birthday gifts for each other.

What we are doing is lots of gardening; I plant the flowers and they try to pick them. We always do lots of cooking, only now it's more experimenting with fresh vegetables and making things from scratch and less boxed mixes of pumpkin bread and cakes. (My summer diet plans might have something to do with this as well!) Through a confluence of lucky timing, I started a new job only 2 miles from home, rather than 10 miles from home. Every little bit helps, right?

Spendy Babies!

In reading a recent article (Million Dollar Babies, by Pamela Paul), I was struck--shocked, really--by this advice: "Most financial advisers urge parents to set aside a minimum of $1,000 per child a month" for college savings.

Have you all gotten back up in your chairs yet?

And yet, when I zipped over to the College Board's handy tuition savings calculator, I was astounded to see that, in order to pay for basic in-state tuition at a state school for a kid starting college in 15 years, I should be saving over $400 a month right now. For #2, starting college in 17 years, I should be saving $400 a month. That's $800 a month I should be saving right now for college.

I don't know if I should be laughing or crying right now...