Reply to HHI to send 2 kids to private w/o FA?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Comfortable?  Not penny pinching?  $500K.  At this level you can still save some, carry a decent sized mortgage, buy the kids whatever clothes you deem reasonable, comfortably pay for any and all extracurriculars they want, keep an appropriate level of "outsourcing" if you both work, and buy yourselves decent clothes and decent cars (and take decent vacations).  That's not to say you won't notice the missing $60K a year that goes for tuition.  You will.

It completely depends on the family and circumstances, of course.[/quote]

We do all of these things, plus belong to a country club and carry a hefty mortgage (plus new cars, a boat, and vacations in Europe) on $350,000.  I have one in private, but could do two.  I'd just cut back on savings a bit (but still fully fund my 401k).  I don't wear Chanel, but I have to maintain a professional wardrobe, which isn't cheap.  I always wonder this when I see people complaining about how you can't live in DC on less than $300,000.

What  do you people do with your money?  [/quote]

Can u tell us your budget for the $350k?  Is that with two full-time earners?  How many kids and what ages?[/quote]

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