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It is quite common to spend $5k-$10k on various summer enrichments for a 14 year old. Just 4 years later, that child will likely go to university that costs on
by jnwatson 6y ago
It is quite common to spend $5k-$10k on various summer enrichments for a 14 year old.
Just 4 years later, that child will likely go to university that costs on average $30K in the US.
- jlokier 6y agoWow. I'm a very grown adult, and I've never been on a vacation that cost $5k. I've owned several cars, but the most expensive, shiny, sexy one cost $2.4k. The idea of being a child having $10k spent on me just for summer fun is mind-blowing. That feels luxurious to me. I am under the impression that most parents who send their children to university in the US have to scrimp and save to pay for it. Like it's a really big deal. Sometimes only one child of two can go, because there isn't enough to pay for both. So it's not likely there's a lot of cash readily available for summer fun for each child in the years leading up to it.
- romwell 6y ago>I've owned several cars, but the most expensive, shiny, sexy one cost $2.4k. It didn't cost $2.4K new, did it? Now your car likely wasn't a luxury car, and likely cost way more than $6K new.