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Private schools tend to increase the "cheap" part quite a bit.
by mathgeek 10y ago
Private schools tend to increase the "cheap" part quite a bit.
- Retric 10y agoDepends on # of kids. Many great schools are well under 10k/year, but that's only so useful if you have 5 kids.
- nommm-nommm 10y ago9k a year is not cheap.
- srtjstjsj 10y agoIt's cheap compared to paying an extra 20k/yr in rent or mortgage and property tax.
- Retric 10y agoSure, though that only starts after pre-k and k, which tends to be much cheaper. Anyway, if you compare starting a family with ~1M in the bank and 1 income at 50k vs. dual income 220k in the valley and no savings outside of home equity there are benefits on both sides.
- mathgeek 10y ago> starting a family with ~1M in the bank This is an outlier and, in my opinion, not representative of any useful demographic for this discussion. The idea that you bank $100k a year (let's even through in compounding) is certainly feasible, but not common.
- deleted 10y ago[deleted]