Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Private & Independent Schools
Reply to "Can we afford private?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Going back to the original question, this is my suggestion: take a look at the current tuition where you want to go and add 3-5%. Divide by 10 (many schools allow you to pay over 10 - not 12 - months), and put aside that money. See how it goes. In our case, our HHI is greater than yours and we find private school for two really tough, but we're doing it. The first couple of months for #1 was rough, but once we got in the swing of it, it wasn't so bad. We knew that a fancy car or country club was out of the question, but that wasn't really us anyway. With two, however, the issue isn't a fancy car or a country club, but rather other major unexpeted expenses. For example, a few years ago, our heating totally gave out and we bought a new system. It was a hit, but we managed. Honestly, I don't know how we'd do it if we had more than one major expense like that over a small period of time. So those are things that you need to think about. [/quote] This is, by definition, someone who can't afford private. It is a luxury and if you are this close to the line (unexpected expense could put you over the line), then you can't afford it. I would be in this position too, so I know whereof I speak. Just being able to write the check doesn't mean you can really afford it. Being able to do it with out constant worry and cold-sweat at night about the what-if's: that is what it means to afford it. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics