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Reply to "How much do you spend on private school and what is your HHI?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]300k HHI- 10k with FA at 59K school. [/quote] Why so much FA?? [/quote] Our mortgage/HELOC extremely high. [/quote] I don’t know of any FA formulas that take mortgage or HELOC into account. Most only look at income and assets and consider living expenses to be part of discretionary spending. If this person is telling the truth, their situation is unusual. [/quote]
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