Reply to If you made $1MM annually, would you send your kids to private?

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Reply to "If you made $1MM annually, would you send your kids to private?"

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[quote=Anonymous]OP, I had considered private for our kids and we are "only" at $650K compared to your $1M. In my head, $1M was the minimum benchmark to consider sending three kids to private given the costs - and because it is such a luxury item.

That said, there are other factors. Our public schools are great. Our kids are happy. They have friends in the neighborhood and walk to their own activities/functions. They walk to school. These factors minimize the time and effort required from me to shuttle them to activities. DH and I work a ton of hours and it is hard to maintain our salaries and work life with the kids sports, school and activities.

All this is to say that private school is not only a financial commitment but a huge time commitment for those families that do not live nearby, which are most. Because of the demanding hours required of our jobs, I still do not know that private school would be a suitable lifestyle for us - or a way to maintain my current income level.

If that is an issue, it is also something to consider. And I'm not worried about college prospects. Our neighbor and dear friend had a number of elite college acceptances. It is doable from public, too. [/quote]

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