
Recommend reading "The Two Income Trap" by Warren and Tyagi.
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I agree, Elizabeth Warren is great, and Obama nominated her to head a panel to review the TARP. Her point in this book is that families get themselves overcommitted in terms of mortgages, school expenses, et cetera, to the point where if one parent gets sick or loses a job they.
Montgomery County has some world class schools. Yes, many are in the western part of the county. There are also some good schools even in the down county consortium, although for many you have to take a test tao get in.. However, even some "green" zone schools like Richard Montgomery's highly touted IB program (that gets it near the top of the US News rankings, which is based on how many kids take IB or AP), are by test. |
SAH and public school, even if you need to move. |
SAHM, cos even if you work fulltime, private school may not accept the kids....or they might be placed in different schools...
I really feel that the part-time hours I have now leave me a much saner better Mom than when I had 45 hrs a week work |
I think you can find a good public schooling option. I wouldn't feel bad if you don't send your kids to private school. There's a part of me that wonders if we are shortchanging our kids because I do not work and we are sending them to public school. But, here are the benefits of not going the private route: (1) we are able to afford a nicer home with a yard in a nice safe neighborhood that is in a good public school district, (2) I get to spend a lot of time with my kids, (3) my husband is less stressed at his job, because he knows that he can work late hours if he needs to, and (4) it's a lot less stressful knowing that we automatically have a spot in our school that is 1/2 mile a way.
Also, if we can afford it later, our kids could still try to apply to private high schools. And we are actually able to save more for college, because sending three kids through public school is more expensive than working. |
Of course, for the price of a house in a neighborhood with good schools, we could send our kids to private school. |
Really? That hasn't been my observation, but maybe you've surveyed different neighborhoods and schools? I think there are trade-offs involved. So much so, that honestly? Even if you bought into Lafayette you're better off at Yu Ying. |
I agree that private school tuition is likely more than the house in a good school district (or at least the difference in price from where you live now), depending on how many children and which schools. I think if I were making a house buying decision and trying to send my child to Yu Ying (even if that is my first choice now) I would buy in the good school district and hope for the charter. I say this as someone who lives in a good district and applied several of the highly thought of charters. First, I can tell you from personal experience that there are no guarantees your child will get into Yu Ying or the others. My child did not win a single lottery or get off the waitlist at the pre-K level, even where we are in bounds. Next year she is guaranteed entry at her in-bounds kindergarten, which is good. If I did not have that as back-up I would be worried about my ability to sell my house in this market, especially if I did not live in a good school district. Also, Yu Ying and others are very promising but they are not long term tested, you do not want to be stuck if the actual experience is not as you had hoped. |