Reply to What's the minimum level of monthly income minus mortgage you'd feel comfortable with?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]And as you're doing a line item of budget and savings, honestly I would account for putting SOMETHING away for the kids' eventual college in the US. I know more than one immigrant who has said -- oh I will raise my kids to love my country just like I do and they have TONS of family there so of course they'll go to college there. Well 18 yrs later -- the kid who is born and raised in America may consider himself 100% American and may not be interested in going to college in Australia when all his buddies are going to NYU. As for -- well I'll just force him -- easier said than done if you get a child that says, well fine, I don't really want to go to college anyway.[/quote]

I went to UVA and have a huge business network here because of it
 UVA gave me much more than an education.[/quote]

Right -- which is why there's value in going to school where you're going to live -- often the same region but always in the same country. Not sure how many 17 yr olds think like that -- they may just think -- I want to go where my friends are going - UVa or UMD or NYU or whatever -- I don't care if mom and dad are from Australia.[/quote]

OP here -- FWIW, [b]she's Australian who moved to the US for college, and I'm a west coaster who moved to DC for college,[/b] so I guess neither of us are predisposed to treat going to college around where you grew up as the be-all end-all (or if anything, to see it as a net positive).

We're certainly planning to save money for college (and could transition back to a dual income household down the line to support that), but the costs of college right now in the United States are absolutely insane, and who knows how much worse it might be 20+ years from now! And we're in DC, so there's no mid-price in-state tuition option as there would be in MD/VA.

The kid's preferences are important, but just as they won't always get to eat what they want or spend what they want in their daily lives, their hypothetical preference to pass up on a world-class university in an English-speaking country that would be virtually free by comparison would be something I'd take into consideration, but I'm not going to let it entirely dictate our choices.

Though if I have the sort of kid who'd really say "well fine, I'm not going to college anyways then," then as much as that would suck for me, the least-worst option is probably that they don't go to college. If they're not self-directed and internally motivated they wouldn't get much out of it, so it'd just be throwing good money after bad. Seen it happen many times to others.[/quote]

Busted! Lol. As I suspected in your original post, you flipped the genders.

Wise, as you were looking to avoid SAHM bashing (much less SAHD bashing on here - because the woman stays in control economically), but you just gave yourself away. [/quote]

Actually the opposite, lol. The situation is exactly as described, but we've both been hopping onto this thread, simply replying as 'OP'.[/quote]

Lol! Sorry, you are a pathetic liar. [/quote]

Tell yourself whatever you need to, kid. Not sure why you're shocked to discover stay at home dads are a thing?[/quote]

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