Reply to Those who have children at privates, what is your HHI and net worth?

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[quote=Anonymous][quote=Anonymous]HHI gross $125k-$200k, depending on the year. Family of 5 on a single federal salary. We don't own a home, but we also don't pay rent or utilities. 1 kid in private first grade at a small, not-well-known school. Tuition+fees ~$8,000. Supplies, uniforms, and the twice daily commute are around $2,000 for this year. It's ridiculously cheap compared to almost any other private school in the area. But given that we just barely paid off our own student loans, inflation is out of control, and we have very aggressive financial goals in other areas, we still feel it in an admittedly minor way. But private school is also one of those aggressive financial priorities. Our kid (all of them, actually) is HFA, extremely sensitive, and is thriving in the current school. Watching the blossoming development and the pure love and devotion of all the staff and teachers has just been phenomenal the past couple years. It's the best money we've ever spent on this kid. I can't imagine at this point that we will ever go public, but who knows. Paying for all 3 to do their entire careers in private schools will be an enormous stretch, particularly in the MS/HS years. We get no help from any family. Kids have extremely modest 529s for school and college but given current market conditions that's not a huge help either. [/quote]

So you’re going to say you found an $8k/year school with a transformative impact on your kid and then not tell us what school it is? Please let us know![/quote]

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