Reply to What is it like to be “house poor”?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]No eating out. No vacations. No activities for your kids. No splurges. No new clothes. No going to the movies. No replacing things that get broken that aren't necessities. No upgrading phones. No streaming services.
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This is how I grew up.  Nice house.  Nothing else.  It also means extreme stress in every recession or downturn.  Even as a kid, I constantly worried that we'd end up homeless because there was no padding.  It was our really nice house or, if my dad lost his job, our car.[/quote]

As a a kid, why were you burdened with the knowledge of your parents' finances? My kids are completely unaware of our financial situation. [/quote]

Different scenario, but growing up poor I was very well aware of our financial situation. It would have been impossible not to be. We were "school poor"-my parents spent all of their (little) extra money on private school. Not worth it IMO.

Anyway for the OP, NBD for a year or a couple years. For an extended period, not worth it. [/quote]

My kids are all grown now, but if I could redo one thing, it would be the decision to place our kids in private school over moving to a better zoned public school district. I'm not sure what we were thinking, but in hindsight it would have saved us thousands to simply move and make use of the public schools that our taxes paid. Duh. [/quote]

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