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Reply to "PSA: $250K family of 4 in the DMV area is not middle class"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A younger couple at $250k with two kids in day care is a heck of a lot different than a $250k couple with teens who have the advantage of savings and house appreciation. It is two completely different worlds. [/quote] Um, teens are much more expensive than little kids in daycare [/quote] Spoken like someone who hasn't paid for daycare in over a decade. How are you spending $3000 a month on your teen? I'll give you a few hundred of those dollars as extra food and clothing. Which is much more expensive for teens. But. What else?[/quote] Private school. $55k a year. Sports lessons $500 a month, Travel sports $300 a month, therapy, $1000 a month, trainer $600 a month, travel for sports $300 a month (average). [/quote] Right so good news is they get to pick private school or expensive sport. Teach your child that money management involves sacrifice and discipline. They will be better off for it. Catering to their every whim will not help them and likely cause long term harm. [/quote]
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