What money habits keep you poor?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college

+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.

If you don’t get it, you don’t get it. It’s not about “getting into college.” It’s about college preparation, being able to participate in whichever sports you want in 9th grade, well-behaved student body and so many other things.

Hey believe what you want to believe to justify all that money you are paying to a private school while also paying property taxes and subsidizing public school students. Confirmation bias at its best.

If private schools prepare their students for college so well, why do ALL of my friends who send their kids to private schools also pay for tutors and test prep outside of their school. The reality is public schools prepare their students for college just as much as private schools do and public school parents also pay for tutors and test prep. Public school kids can participate in any sport they want in 9th grade as well (not sure where you are coming from on this). A well-behaved student body --- paahleeeze lol -- you are kidding yourself. Private schools have drug and discipline problems just as bad as public schools. In fact, the drug problem is worse since these kids have access to money.

That's super weird. I know of no one who is paying for tutors. Maybe test prep, but lets get real, I don't want my school prepping for the SAT, that's not really education and its what publics already do teaching to the SOLs.

Sure, if you don't have an athletic kid but want them to participate in a "regular" sport (rather than frisbee or 'running in circles' sports), public schools are terrible. Travel players take all teams spots and there are not varsity or intramurals offered because of insufficient field space (see 3000 students). And rec sports mostly stop at 8th around here.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college

+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.

If you don’t get it, you don’t get it. It’s not about “getting into college.” It’s about college preparation, being able to participate in whichever sports you want in 9th grade, well-behaved student body and so many other things.

Hey believe what you want to believe to justify all that money you are paying to a private school while also paying property taxes and subsidizing public school students. Confirmation bias at its best.

If private schools prepare their students for college so well, why do ALL of my friends who send their kids to private schools also pay for tutors and test prep outside of their school. The reality is public schools prepare their students for college just as much as private schools do and public school parents also pay for tutors and test prep. Public school kids can participate in any sport they want in 9th grade as well (not sure where you are coming from on this). A well-behaved student body --- paahleeeze lol -- you are kidding yourself. Private schools have drug and discipline problems just as bad as public schools. In fact, the drug problem is worse since these kids have access to money.

That's super weird. I know of no one who is paying for tutors. Maybe test prep, but lets get real, I don't want my school prepping for the SAT, that's not really education and its what publics already do teaching to the SOLs.

Sure, if you don't have an athletic kid but want them to participate in a "regular" sport (rather than frisbee or 'running in circles' sports), public schools are terrible. Travel players take all teams spots and there are not varsity or intramurals offered because of insufficient field space (see 3000 students). And rec sports mostly stop at 8th around here.

Blah, Blah, Blah. Whatever you need to think to justify that huge private school tuition you pay. You must not live in a good school district. Moving would be cheaper than paying for private school. Oh and by the way, those private school athletes play club sports from early age as well so they can make the team as well.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college

+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.

If you don’t get it, you don’t get it. It’s not about “getting into college.” It’s about college preparation, being able to participate in whichever sports you want in 9th grade, well-behaved student body and so many other things.

Hey believe what you want to believe to justify all that money you are paying to a private school while also paying property taxes and subsidizing public school students. Confirmation bias at its best.

If private schools prepare their students for college so well, why do ALL of my friends who send their kids to private schools also pay for tutors and test prep outside of their school. The reality is public schools prepare their students for college just as much as private schools do and public school parents also pay for tutors and test prep. Public school kids can participate in any sport they want in 9th grade as well (not sure where you are coming from on this). A well-behaved student body --- paahleeeze lol -- you are kidding yourself. Private schools have drug and discipline problems just as bad as public schools. In fact, the drug problem is worse since these kids have access to money.

For sports--they are stating (I believe) that it is much easier for your kid to participate/make the team vs at your local public HS.

But otherwise I agree. Never saw the need for private school---did it in K for one kid because we wanted full day K vs 2.5 hours. Then returned to public schools for grade 1 and never looked back. I prefer the balance we get at the local schools and that my kid's friends live within a 15 min drive not an hour away which would be the case for privates. When you live in an area with great public schools, the only thing "local private" are Catholic schools, not the elite privates, because most use the publics.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college

+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.

If you don’t get it, you don’t get it. It’s not about “getting into college.” It’s about college preparation, being able to participate in whichever sports you want in 9th grade, well-behaved student body and so many other things.

Hey believe what you want to believe to justify all that money you are paying to a private school while also paying property taxes and subsidizing public school students. Confirmation bias at its best.

If private schools prepare their students for college so well, why do ALL of my friends who send their kids to private schools also pay for tutors and test prep outside of their school. The reality is public schools prepare their students for college just as much as private schools do and public school parents also pay for tutors and test prep. Public school kids can participate in any sport they want in 9th grade as well (not sure where you are coming from on this). A well-behaved student body --- paahleeeze lol -- you are kidding yourself. Private schools have drug and discipline problems just as bad as public schools. In fact, the drug problem is worse since these kids have access to money.

For sports--they are stating (I believe) that it is much easier for your kid to participate/make the team vs at your local public HS.

But otherwise I agree. Never saw the need for private school---did it in K for one kid because we wanted full day K vs 2.5 hours. Then returned to public schools for grade 1 and never looked back. I prefer the balance we get at the local schools and that my kid's friends live within a 15 min drive not an hour away which would be the case for privates. When you live in an area with great public schools, the only thing "local private" are Catholic schools, not the elite privates, because most use the publics.

+1. My son has been good with friends with my next door neighbors' son for years. Both are seniors. My neighbors decided to send their kid to the Potomac School for grades 9-12 which I believe is about $40-50K/yr. My son goes to W&L for the IB program. They are very similar kids but obviously don't hang out as much anymore due to the different schools and subsequent school-related friends. My son is going to UVA next year and her son is going to JMU. Both good Universities but I'm definitely glad I saved the $160-200K over those 4 years and instead contributed to a 529. To each their own.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Voting Democrat

Voting Republican

How so? Republicans want to generally reduced my tax burden. Democrats want to continually increase my tax burden and redistribute my wealth.

I'm just a regular working stiff and nowhere near as wealthy as many on DCUM claim to be. However, I manage just fine under the Democrats.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Voting Democrat

Voting Republican

How so? Republicans want to generally reduced my tax burden. Democrats want to continually increase my tax burden and redistribute my wealth.

I would never have graduated college or med school if I wasn’t able to get an abortion in college, for one.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Voting Democrat

Voting Republican

How so? Republicans want to generally reduced my tax burden. Democrats want to continually increase my tax burden and redistribute my wealth.

I would never have graduated college or med school if I wasn’t able to get an abortion in college, for one.

Barf.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Voting Democrat

Voting Republican

How so? Republicans want to generally reduced my tax burden. Democrats want to continually increase my tax burden and redistribute my wealth.

I would never have graduated college or med school if I wasn’t able to get an abortion in college, for one.

Barf.

Reality isn’t all sunshine & rainbows.

[Anonymous]

It's not a money habit but it's accurate several times my or my DH's parents did poorly timed real estate moves (ie they sold when if they'd held out for another year when the market changed they would have gotten substantially more for their property) or bough property that turned into a money pit. It makes a huge difference. I don't waste time bemoaning it, but the fact remains that some of my friends parents sold homes that had tripled in value and they were able to literally use the money for down payments on their kids homes. My DH and I got no such advantage, although we might have if different decisions had been made.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Voting Democrat

Voting Republican

How so? Republicans want to generally reduced my tax burden. Democrats want to continually increase my tax burden and redistribute my wealth.

I would never have graduated college or med school if I wasn’t able to get an abortion in college, for one.

Barf.

Jacka**

[Anonymous]

What’s W&L?

[Anonymous]

Entitlement.

[Anonymous]

Anonymous wrote:It's not a money habit but it's accurate several times my or my DH's parents did poorly timed real estate moves (ie they sold when if they'd held out for another year when the market changed they would have gotten substantially more for their property) or bough property that turned into a money pit. It makes a huge difference. I don't waste time bemoaning it, but the fact remains that some of my friends parents sold homes that had tripled in value and they were able to literally use the money for down payments on their kids homes. My DH and I got no such advantage, although we might have if different decisions had been made .

You are White or Asian?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college

+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.

If you don’t get it, you don’t get it. It’s not about “getting into college.” It’s about college preparation, being able to participate in whichever sports you want in 9th grade, well-behaved student body and so many other things.

Hey believe what you want to believe to justify all that money you are paying to a private school while also paying property taxes and subsidizing public school students. Confirmation bias at its best.

If private schools prepare their students for college so well, why do ALL of my friends who send their kids to private schools also pay for tutors and test prep outside of their school. The reality is public schools prepare their students for college just as much as private schools do and public school parents also pay for tutors and test prep. Public school kids can participate in any sport they want in 9th grade as well (not sure where you are coming from on this). A well-behaved student body --- paahleeeze lol -- you are kidding yourself. Private schools have drug and discipline problems just as bad as public schools. In fact, the drug problem is worse since these kids have access to money.

That's super weird. I know of no one who is paying for tutors. Maybe test prep, but lets get real, I don't want my school prepping for the SAT, that's not really education and its what publics already do teaching to the SOLs.

Sure, if you don't have an athletic kid but want them to participate in a "regular" sport (rather than frisbee or 'running in circles' sports), public schools are terrible. Travel players take all teams spots and there are not varsity or intramurals offered because of insufficient field space (see 3000 students). And rec sports mostly stop at 8th around here.

Blah, Blah, Blah. Whatever you need to think to justify that huge private school tuition you pay. You must not live in a good school district. Moving would be cheaper than paying for private school. Oh and by the way, those private school athletes play club sports from early age as well so they can make the team as well.

Curious where you suggest I move to? I actually did the math that with higher interest rates private high school is cheaper than moving to a place like McLean.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college

+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.

If you don’t get it, you don’t get it. It’s not about “getting into college.” It’s about college preparation, being able to participate in whichever sports you want in 9th grade, well-behaved student body and so many other things.

Hey believe what you want to believe to justify all that money you are paying to a private school while also paying property taxes and subsidizing public school students. Confirmation bias at its best.

If private schools prepare their students for college so well, why do ALL of my friends who send their kids to private schools also pay for tutors and test prep outside of their school. The reality is public schools prepare their students for college just as much as private schools do and public school parents also pay for tutors and test prep. Public school kids can participate in any sport they want in 9th grade as well (not sure where you are coming from on this). A well-behaved student body --- paahleeeze lol -- you are kidding yourself. Private schools have drug and discipline problems just as bad as public schools. In fact, the drug problem is worse since these kids have access to money.

For sports--they are stating (I believe) that it is much easier for your kid to participate/make the team vs at your local public HS.

But otherwise I agree. Never saw the need for private school---did it in K for one kid because we wanted full day K vs 2.5 hours. Then returned to public schools for grade 1 and never looked back. I prefer the balance we get at the local schools and that my kid's friends live within a 15 min drive not an hour away which would be the case for privates. When you live in an area with great public schools, the only thing "local private" are Catholic schools, not the elite privates, because most use the publics.

+1. My son has been good with friends with my next door neighbors' son for years. Both are seniors. My neighbors decided to send their kid to the Potomac School for grades 9-12 which I believe is about $40-50K/yr. My son goes to W&L for the IB program. They are very similar kids but obviously don't hang out as much anymore due to the different schools and subsequent school-related friends. My son is going to UVA next year and her son is going to JMU. Both good Universities but I'm definitely glad I saved the $160-200K over those 4 years and instead contributed to a 529. To each their own.

That’s a pretty atypical outcome for Potomac. I suspect the kid was struggling in school and was served better with smaller classes and less disruption of private school. Not every private school choice is about gunning for an elite college, some is about finding a place where your kid can thrive. My DD goes to private because she is shy and quiet but very curious and bright and basically was invisible in her 30+ middle and high school classes, but she does best when feels noticed by her teachers. JMU would be a great outcome for her.