Reply to Budgeting for Private School -- Convince my spouse

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[quote=Anonymous]You are running up against the unfortunate reality that you can't afford everything, even if they're all good things. And it sucks and it's not fair, but it is what it is.

I suspect most on here planning to put three kids through private school do indeed make more than you or gets financial support from family (usually grandparents) or financial aid.

Those at your income level have often made significant trade-offs that you're not making - say moving to a townhouse, cutting extracurriculars, etc.. One of my daughter's friend's families just decided to consolidate households with her grandparents to increase what they could save while also paying private school tuition. You're spending over $1,000 per month on extra activities between music lessons, camps, and extracurriculars. Those are all good things to spend money on, but it's a significant discretionary expenditure nonetheless. The same with the $300/month for house cleaners.

You need to decide what your priorities are and plan from there. Saving for retirement and college would be top of the list for me. Your child's life options will be far more limited by significant college debt than by going to a good-but-not-great public high school.

I understand your frustration with the public school, but one AP per year in 9th and 10th is not a disaster, nor a sign of a really terrible school. Also, think of what you could do to supplement outside of school with even a portion of what you're currently spending on tuition. Your kids could work with tutors to get ahead, take additional enrichment classes, etc., for far less than you're currently paying in tuition.

If the current public school is really a complete no-go for you, then you're either looking at moving or cutting some of the things that you consider nonnegotiable.[/quote]

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