Reply to Do you make $400,000 a year but feel broke?

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[quote=Anonymous]Do you realize it's ridiculous to feel stretched because you can "save less than 100K per year?"  Let's say after 401K contributions and taxes you net 250K.  If you had four kids (which honestly, most families have 2-3 kids, but whatever), and you spent it on private school tuition, you would still have 130K to live on as a family of six.  Plenty of people do this--yes, even in high COL areas.  Maybe you would have to live in a smaller house or in a less desirable neighborhood (usually housing is one of the biggest factors here)--but honestly if you're not worried about good public schools, I'm sure you could get a lot more house for your money (of course then you might need to live around people who are really not rich...maybe it would be good for perspective!).

Or alternately, if you don't want to live in a small house in a less desirable neighborhood, you can choose to buy a very expensive house in a neighborhood that has excellent public schools and high property taxes.  Then you won't have the money left over for private school, but either way your kids are getting an excellent education.

Either way, you have choices and they are both good choices in terms of educating your children.[/quote]

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