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Reply to "It’s extremely hard to raise kids in a nice neighborhood without generational wealth "
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[quote=Anonymous]My wife and I, along with our two kids, live in a mortgage-free, two-bedroom, two-bathroom condo in McLean. Our household income is $600K per year. The boys share a bedroom until they go off to college. We use the money to pay for their piano lessons, guitar lessons, tennis lessons, golf lessons, and private tutoring. These activities cost us $100K per year for both kids. We save the rest for retirement and future college expenses. I want to give my kids the best chance to succeed in life, and buying a house isn’t part of that plan. We invest heavily in our kids' IQ and EQ, so they can succeed in life—not by living in a SFH.[/quote]
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