Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Private & Independent Schools
Reply to "How much do you make and how much FA do you receive? "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]HHI $100k, receive 60% FA. [/quote] How can you afford to live? Not being sarcastic The economic policy institute has a family budget calculator that estimates a family with 2 adults and one child needs $83,675. http://www.epi.org/resources/budget/ 60% of $30,000 (typical private school tuition around here) is $18k 83675+18000 =$101,675. [/quote] Hi, just saw this -- I'm the one you're referring to. First of all, since we receive 60%, we pay 40% (actually we get 62%, pay 38%). So call us $11,400. As to how we live... We were paying $950/mo for daycare before DC started private school (which I think isn't unusual) so we just turned around and started paying that in tuition instead. I don't know what else to tell you! We live in a townhouse in an unfashionable (but pretty safe) area, have one car and vacation modestly. We don't feel poor, and have some emergency savings. It's all what you're used to, I suppose![/quote] Do you save any money? Have more than one kid? What if they up tuition at your school? I am only being nosy because this is an anonymous forum and you volunteered. We have a hhi that is much higher than yours, but aggressively save for retirement and college, So our monthly budget is pretty tight. That said, it would be hard for us to meet your budget. Do you own your home outright? WhAt are your health insurance costs? [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics