Reply to HHI to send 2 kids to private w/o FA?

Forum Index » Private & Independent Schools

Reply to "HHI to send 2 kids to private w/o FA?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you were paying over $2,000 a [b]week[/b] for household help and other outsourcing, you would pretty quickly figure out why you need $500K.  And don't forget extracurricular activities and summer camps for two kids.  The budgets being posted leave a lot of these things out.

In short, OP, there is no single answer.  The answer is different for every family.[/quote]

Pray tell, what would one outsource that costs $2K/week that isn't considered luxurious by rational standards?[/quote]

Full time nanny for younger kid(s), housecleaning and lawn service could come to close to $2,000/week.  I wouldn't consider any of this luxurious for a family with two working parents.  However, I also don't think you need $500,000 to comfortably send two to private school.  I do think you'd need $400,000 though if you didn't want to sacrifice anything major.[/quote]

Come on.  Admit it.  These things are luxuries.  Most people live without them (I guess only 1% of families have HHI this high?).  Just admit that you don't think life would be worth living without these luxuries.  You'd rather send your kid to public school than give them up.  That's fine.  There is nothing wrong with admitting that you would rather keep these luxuries than send your kid to private school since you have access to decent public schools (remembering that many of these luxuries would not be needed if you were not making $500,000.  Many go away when you have a lower income because you have more free time)[/quote]

I never said I wasn't sending my kids to private school!  But I maintain that we're not doing it "comfortably" on less than a $400k HHI.  On less than that, you're sacrificing.[/quote]

Well, to really live comfortably, you need much more than that.  Face it, if you only have $500,000, you are sacrificing a home in the Caribbean and the apartment in Manhattan.   Also, you are sacrificing a really top notch string of polo ponies.  And face, it, without these, you are definitely sacrificing.  Because, face it, if you are sacrificing anything you really want, how can you say you are comfortable?[/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