11 Things Parents Splurge on for Their Kids but Shouldn’t

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Brand-name schools

When it comes to your children’s education, it’s normal to want them to go to the best schools and invest in their education as much as your budget allows you to. Sadly, many parents jeopardize their retirement savings by sending their children to brand-name schools.

Quality education doesn’t have to cripple your retirement or your children’s future financial health. You can find good schools that your children can attend without going bankrupt. If attending a brand-name school is what your children want, make sure you explain what your financial limits are and that they might have to make up for the difference.

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