356: Who Pays For College In A Stepfamily

Curious how blended families navigate the tricky question of paying for college? Lori and David tackle financial planning, family dynamics, and the reality of college costs in stepfamilies with honesty and humor. In this episode, you'll hear candid discussions about college expenses, scholarships, military paths, and what happens when one parent or stepparent has set aside funds for their child. Lori and David share their own experiences, like how military service and scholarships shaped their children's education, and what tough conversations arise if only one child has college savings. They dive deep into blended family finances, including inheritance, trusts, and what "fairness" really means when handling money for kids and stepkids. You'll also get practical advice on when to start talking about finances, why it's essential to plan early, and how to manage uncomfortable conversations (with tips for mediators and financial advisors). The hosts read comments from their Facebook group, providing real-life perspectives on who pays for college. Want more Nacho Kids wisdom? Visit https://nachokids.com for resources, join their Facebook group, and stay connected on social media. Don't forget to subscribe, leave a review, and catch upcoming episodes for support and advice on stepfamily life! Subscribe & Review: Help us grow and serve more stepfamilies!