I’m going to college…maybe

My excellent adventure to college

My New Email and the Emilia-O-Meter

In case you would like to contact me please use this email: 



I also just created a donation page. All donations small and large will help me achieve my goal. Thanks for helping me out with my great college adventure!

 You can find it at:




Finally, I spent all weekend creating the Emilia-O-Meter. It’s a simple graph that tracks the current status of my college savings goal. From today July 14, 2007 to July 14, 2008, I want to save $100,000 in my college account this year. My dad and grandparents contributes about $50 a month, my mom uses the U-promise credit card everywhere she goes, and  we set up a donation page so anybody in the world can help me. Can you imagin, if 100,000 people donated a $1 each, my life would be changed forever. So far I have $2,770 saved up.




July 15, 2007 Posted by | chipin, College, donation, education, grad school, my email, Saving for college, Student loan | 4 Comments

Please pass the nitroglycerin!

Jeepers, My dad almost had a heart attack today. In researching for today’s post he realized that he forgot to take into account graduate school. This will add another 4 years of financial burden. So he calculated that the total college costs will be $988,776 not the $379,687 we originally posted. That means my dad will need to make monthly contributions of $1,518 to meet this cost.


Here are the assumptions he made to come up with is astronomical number: He thought that I would be attending a college that currently costs $ 35,000 annually (that includes room, books, food and trips home for holidays). He thought that he has 18 years until I leave for college, and I will attend college for 8 years on a full time basis.


He wants to save enough to pay for 100% of projected college costs and wants to meet our savings goal by the time I end college. Thanks to my grandparents, dad currently has $2,663 in a 529 college savings plan and wants to continue making monthly contributions to my college savings. He is guessing that college costs will increase by 6% per year and he is guessing that he will earn 7% after-tax each year in my college savings fund.


So he should be saving $1,518 a month but can only afford $50 a month. No wonder he is clenching this chest and gasping for air. Can someone please pass the nitroglycerin?

Total that needs to be saved each month

June 3, 2007 Posted by | College, education, grad school, Saving for college | Leave a comment

Hello world!

I’m heading to college…maybe. For me to enter college in 18 years, I calculated that I will need $379,687. Based on my Dad’s current savings, I will have $45,986 in my college 529 Fund. I have a shortfall of $333,700. 😦 

But I have a plan! For the next 18 years my dad and I plan to blog me into college. 

I’ll write posts updating you on my progress. I’ll write posts about the people who help me get to my goals. I’ll write posts about money, savings, and college applications. I hope you find this useful and come to read often.

Track me as I raise money for my excellent college adventure.


I can’t wait till I start reading

May 31, 2007 Posted by | College, education | Leave a comment