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Reply to "Why do people think you have to spend so much on your kids?"
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[quote=Anonymous]we make a fair bit less, but our kids will have the choice: 4 year private (we are aiming for 250k/kid), but no guarantee after of grad school or down payment; or 4 year public, with remainder going to them for grad school or down payment. We may also be able to leave them some other money, depending on how we age and our investments, and they will inherit some from grandparents and probably their bachelor uncle--the goal is to provide them with enough support to give them the opportunity to start out with their heads well above water, but not enough that they dont have to swim at all and can just float. as for opportunities now--we make choices. tutoring and expensive sleep away camp that they love--yes. lululemon leggings and taylor swift tickets? no. [/quote]
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