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Reply to "Making $220K - any chance for FA at DC Privates?"
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[quote=Anonymous][quote=Anonymous]Op here - thanks for all the comments and insight everyone. Yes life is about choices that is for sure. We feel (rightly or wrongly) that high school is the most important and so wanted to be sure we could afford private when that comes around. Of course we'll be saving for college as well. I just don't feel comfortable with our savings being so depleted while starting down this path. For folks who spend the vast majority of their income on private school can I ask how much you all have in emergency savings? [/quote] I spend 20% of net on private- make much less than 220- more like 160. Never asked for FA and similar to another PP, I gave (however small) to FA. I have no emergency savings. Paycheck to paycheck but I'm not a good saver, so that's not anyone's fault but my own. [/quote]
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