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Reply to "HHI for people who send kids to private"
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[quote=Anonymous][quote=Anonymous]Our HHI is $200k with one kid in private. We’ve had him there for 10 years, and our HHI was $150k when he started. Does it constrain us? Well yeah - if we weren’t paying $40k for tuition we would use it for a nicer house or nicer vacations. There is always a trade off, unless you are very wealthy. But we value the school more than we value a nice house or vacation, so that is how we spend our money. There are plenty of other people at our school whose incomes are near ours - two income families with a teacher and a pediatrician, or a nurse and a fed, etc. My kid knows we have more money than 99% of the world and 90% of the US, even if we do have less money than many of his classmates. It’s never been an issue.[/quote] Hey, are you me? Same in every respect except that we made 100K when we started, and our school is 30 We live very modestly, and our kid’s school is our big extravagance. Worth every penny.[/quote]
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