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Reply to "Can you survive with 7,000 monthly income after taxes ?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We would have radically restructure our fixed expense. Our PITI is a bit over $5k a month, so we’d have to sell the house and get something much cheaper. Also couldn’t send kids to private school. I’m sure we could do it, but we wouldn’t be living the life we are now.[/quote] This is why we chose to live in a school district with good schools, even though we could afford private. I was concerned about one of us losing our jobs (we are older and have gone through tough economic times), then we'd have to pull our kid out of private. If that happened in HS, that would be tough for the kid.[/quote] Interesting. I have wondered why some people choose to live in highly regarded school districts, paying a premium for housing because of that, and then either send the kids to private or homeschool them.[/quote]
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