I caught an article today about bad habits people have that sabotage your retirement planning and I thought the final point about funding your retirement before you fund your child’s education was especially important. As the article states, “your child can borrow his way through college, but you cannot borrow your way through retirement.”

This is such an excellent point. As a parent I find myself consistently putting my children before myself in so many ways. Of course I want to give them the gift of a college education but we make it a rule of thumb to pay ourselves (and our retirement) first and according to our financial plan. If there are times when we need to adjust our savings, the adjustments are made to the educational savings plans before our retirement plans.

To read the other ways you might be sabotaging your retirement savings, check out this article:
http://finance.yahoo.com/news/5-Bad-Habits-Sabotaging-Your-usnews-1034336641.html?x=0