we used some of the money we 'd set aside for our son 's college fund to fix our hot water heater . oh , that 's a terrible problem ! that 's the only time i do n't envy homeowners ! i could not afford that at all . yes , these are the times i miss renting so much ! we 're trying to repay what we used monthly til it 's replenished . it 's great you have a college fund though ! my kids are very young , we have n't started that yet . although , we probably should . how long have you ahd yours ? he 's 16 months old , but we knew we 'd have to start saving really early because we do n't have much to put away haha okay , then you 're waaayyy ahead of me !
Insufficient financial preparation for their child's future.