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Reply to "We can’t afford it but she wants it. What do I say?"
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[quote=Anonymous][quote=Anonymous]OP here- we both work. HHI around $220k. We drive older cars hence my car breakdown concerns. We refinanced during the pandemic but it’s now on a 15 year and there’s no way we’d refinance to a 30 year now. (Clearly weren’t anticipating this). We are otherwise fairly conservative on spending- but the DC area is still what it is. The schools being considered are on the cheaper side for private— around $35k for the HS. We may be able to compromise and send them to only HS, but I haven’t approached that yet.[/quote] That is our HHI and we cannot afford private for one kid. Private MS-HS for two kids is not affordable for you. Period. Unfortunately moving probably isn't a great solution now due to interest rates, but there are things like more affordable townhouses in Fairfax. You can put your money into tutoring and really nice summer camps instead of moving/private. [/quote]
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