Reply to How to have truthful age appropriate kid conversations about wealth

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Safety, safety, safety, safety

OP, kids get kidnapped over this level of wealth.

Since you have already disclosed to her that you are 1%ers you really need to emphasize to her that this is extremely confidential.[/quote]

LOL. OP’s kid almost certainly goes to private school and is surrounded by even wealthier kids every day.[/quote]

Maybe not, we're top 1% at public[/quote]

Same.  Many are like that, because we targeted good schools when we initially bought because we were not Top 1% at that time, or were barely that.  Owning a home in a great school district has many other benefits as well--overall the area is likely nice, has amenities nearby (good grocery stores, farmers markets, and most things you want within a 15 min drive).  Once you have made that investment, it's hard to justify private schools even if you can afford it.  Not to mention, if you already live in a great area, odds are the good private schools (non-religious) are not nearby, so that means a 30+ min commute each way daily and then majority of friends will also be 30-45 mins away, so socially it can be a challenging situation.  We prefer our kids be able to walk/bike to their friends homes or at least be a 5-10 min drive away.  Part of raising well rounded kids[/quote]

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