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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes you can afford.
Be prepared for lifestyle creep as your child grows up with and begins to ask for what the 1% "haves" have.... they will be exposed to frequent electronics upgrades, sports, travel, cars, designer everything  [/quote]

OP is the 1% "haves."
[/quote]

No. You’re Clueless. OP is in the 3%. The 1% has another level of money. There is a difference between flying to Cabo for vacation and flying to Cabo on a private jet. There is a difference between getting one Cartier watch and getting a Cartier every Christmas. [/quote]

We are in the 1% and have a seven figure HHI. We are not flying on private jets. We don’t even fly business class. We are still spending 30-40k for spring break flying economy plus for a family of five.[/quote]

Same except I’m surprised your spring break is that expensive with exp flying economy. [/quote]

Our economy plus tickets cost 15k. Hotels are 2k per night. Our spring break will probably end up being 40-50k, not 30-40. I didn’t really think about it until thing this out.[/quote]

So weird that people would spend $40K on spring break. Our family of 5 is flying from IAD to SYD in business class for 510K frequent flyer miles (FMV of $6200) and staying at the Park Hyatt in a duo combination of the Sydney Suite and a room with two twin beds for 5 nights at a cost of 400K Hyatt points (FMV of $6800) + $1000 USD. All our frequent flyer miles and hotel points are courtesy of DH’s business travel. That’s only $14K in [b]effective[/b] spending plus maybe another $6K in meals, entertainment, and incidentals. That’s $20K max for an unbelievably luxurious spring break jaunt to the land down under. Only $7K of which is actual cash spent.

So, what kind of moron spends $40K for economy plus?!?!?[/quote]

The fmv of 5 people flying business class to Sydney Australia is not $6200. You happen to have the miles which made this very affordable but most people don’t and most couldn’t afford this. also, I looked at just the cheapest suite that’s available at that hotel… Not even the second room with the twin beds… And it’s the equivalent of over $1600 a night. And then, of course, the last question is, why are you going to Australia for only five overnights? What industry is your husband in?
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Need to learn to play the points game, my friend! If you’re not in it, you really shouldn’t be traveling to distant locations in the first place. Why for only five nights? Oh, geez, let me think…. Maybe because it’s over spring break and we don’t want our kids missing school for a vacation?!?! Our family travels to pretty much every continent at least once per year, so it’s not like visiting Australia needs to be some once in a lifetime 1-month experience. DH is a C-suite executive in the aerospace industry. I’m a sales director for a software company. And I guess for the purposes of this thread, our HHI (including equity compensation) is $1.2M and we don’t see value in spending any of that on private schools. [/quote]

I’m not sure if you are the one who called me a moron for flying economy plus to Asia for $15k. We flew to the Caribbean for winter break for 10k also economy plus.

We have a HHI of $2-3m and our kids also attend public.

I only commented about private jets on 800k income. You are not flying private on that income and not in our income either.[/quote]

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