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Reply to "How much do you earn to afford private school?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We send 2 kids to private school on $240k in income. We have the cheapest house in our zip code, have no debt outside our mortgage, and vacation by staying with family or camping in national parks. The hard part is not being able to afford all of the extras that our kids' private school peers have. Our kids don't get the extra lacrosse coaching, the fancy electronics, nicer brand clothes, regular restaurant meals, etc. We have a very good quality of life but live much more simply than our private school peers. It can be done![/quote] This ^^ We realize we don't need much to live comfortable, we are a happy family and we value education more than the "extras". Education is our investment.[/quote] Is it a good one? Which would help a kid more in the long run, a private school diploma or 12 years worth of private school tuition that had been growing in a brokerage account? [/quote] Who the heck wants to outright give their kid that much money? It will kill their work ethic. No thank you. [/quote]
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