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Reply to "What percentage of your net income goes to tuition?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]3 kids, 37% of take-home pay. Mortgage is 25% of take-home. Ouch.[/quote] You simply cannot afford private school! My god, look out for your financial future and stop this foolishness.[/quote] You don't know this poster's full financial picture. Tuition is approximately 33% of our take-home pay (after retirement deductions, etc.). Our mortgage is approx 24%. However, we have close to $2M in savings and home equity. Our HHI is just part of the picture. [/quote]
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