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Saitin · 12-13-2008, 05:56 PM

in a place such as NJ where an average house costs 400k I'd take the education over the cash now if it was say 500k-1mill there would be other things to consider but 400k is jsut to little of cash to get at once and expect to never work again,just do the simple math rent,bills,food, entertainment the average person spend nearly 30k a year so that 400k would get you what 12 years and that isn't enough to live on until retirement.

12-13-2008, 05:56 PM	#45
Saitin Banned Join Date: Dec 2007 Posts: 1,106 iTrader: (1)	in a place such as NJ where an average house costs 400k I'd take the education over the cash now if it was say 500k-1mill there would be other things to consider but 400k is jsut to little of cash to get at once and expect to never work again,just do the simple math rent,bills,food, entertainment the average person spend nearly 30k a year so that 400k would get you what 12 years and that isn't enough to live on until retirement.