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Reply to "Private school -- what portion of income are people spending?"
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[quote=Anonymous]Our HHI in $200k and we have one kid we pay $30k in tuition for. He’s in high school now, we’ve been doing this since prek when our HHI was $130 and tuition was $20k. Our mortgage is $1500/mo because we live in a little house in a neighborhood most of DCUM would never consider (though it’s quiet and safe). We are able to meet all our needs and most of our wants, and our kid is really happy and doing well. He is sometimes a little incredulous and admiring of other people’s wealth at his school but there are people in our income bracket, too, and it’s never been an issue. It really depends on what you want to spend your money on. We want to spend it on school, so we do, and we don’t feel deprived or poor.[/quote]
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