Reply to s/o the worst financial decision you made

Forum Index » Money and Finances

Reply to "s/o the worst financial decision you made"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Private school bc "we could". We also could have not.[/quote]

Yup- us too. [/quote]

We are the same boat.  We assumed income would rise more than it did.  We still make enough where we "can" (and we don't get aid) but it takes a decent bite out of our lifestyle now and will definitely leave us more limited in retirement.

We've repeatedly toyed with pulling them, but they are happy and doing well, so we just haven't been able to pull the trigger.[/quote]

It's hard when they're happy, but kids are resilient and can adjust. If it's affecting your retirement savings, it's too expensive. I posted about this regret earlier- we are sending our son to public middle school and using the money for his college and our retirement- debt free college and elderly, financially solvent parents will be a wonderful gift some day. I have nothing against private school btw. [/quote]

Yeah, I hear you and I am sure they would be ok.  But we don't NEED to do this.  We aren't ignoring retirement; we just aren't saving as much as we ideally would.  We should still be ok, it just might not be as luxurious or carefree as I envisioned.  We also have less margin for error if something like an illness or job loss occurs.

It would be an easier decision if we made around $50k more or less.  Less and we simply couldn't (or couldn't without more sacrifices than we would be willing to consider) afford it minus aid we would still likely would not get.  More and we could afford it relatively easily, although we would still be far from rick by private school standards.[/quote]

pp here- I think you have to put your money where it makes sense for you and if your kids are thriving, I can see why you wouldn't want to rock the boat. I just wanted to be a voice to say that we were heavily invested in the private school thing- when we realized that our particular school wasn't meeting DS's needs, we decided to take a plunge to public school.

So far, I have been happy with the leadership, responsiveness and educational opportunity in public. If you ever decide to take this step and you live in a good district, you likely won't be shortchanging your kids. I know for us, that was the worry- that we were putting ourselves ahead of our son, but it hasn't turned out like that at all. Again, I get why people love private school but just some reassurance that there are other great options if it becomes a strain. [/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