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Reply to "HHI to send 2 kids to private w/o FA?"
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[quote=Anonymous]Here's what we do on $150K: Mortgage: $1500 (close in, bought in 1994) Health: $800 Tuition for 1 kid: $3K Utilities: $600 Retirement: $1300 College Savings $400 Food/Sundries/charity: $4K "Cushion": 0 We just meet expenses every month, or even go in the red $1K or so, but that includes funding TSP to the max and some college 529. We have substantial savings, retirement and investments from pre-private school life ~$800K that is our cushion and we dip in occasionally, which is what we planned to do. We are still cutting back in a number of areas which I hope will keep us from dipping. Tax refund, work bonuses etc. provide the cushion. [/quote]
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