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Private & Independent Schools
Reply to "HHI to send 2 kids to private w/o FA?"
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[quote=Anonymous]We make ~$400k a year with $5,000 monthly mortgage. We have two kids in private school (not top tier but no financial aid). We max out retirement, have 1 car, do not go on vacations other than to visit family, and have zero liquidity right now because we are recovering from massive real estate losses in a few years ago in another state. Things are tough now and it is scary having almost no liquidity. In a couple of years we will be able to start having liquid savings and they will build quickly (all things being equal) but we have daily discussions about whether private school is the right path for the family as a whole.[/quote]
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