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Private & Independent Schools
Reply to "How much $ do you make if you send more than 1 kid to private?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is an interesting thread. We are now trying to decide between a private school (for K) which we think would be a great fit for our son and MCPS which is considered very good. Our HHI is 400K pre-tax. We have two kids. on paper we should be able to afford two private school tuition. I did the math and it looks like we need to give up the following: two international trips per year and no or little monthly savings. We have familly overseas, so we cannot give up trips. It is VERY important for us that the kids spend time with family. As for savings, if we do not save, how are we going to pay for the kids college education? Because of these factors, we are leaning towards MCPS, at least until 3-4th grade or middle school.[/quote] I am flabbergasted about posts like the one above. Our HHI is $150 - $180k and we have had no trouble saving for retirement and college and having nice annual vacations. I can easily see being able to afford an additional vacation and two private school tuitions with a doubling of our income. Where does the money go?[/quote] +1[/quote]
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