3 ms·
160,000 a year and you're broke? I'm sure the cost of living is high in NJ, but still that's clearly a case of putting wants before needs.
by transfire 6y ago
160,000 a year and you're broke? I'm sure the cost of living is high in NJ, but still that's clearly a case of putting wants before needs.
- jfengel 6y agoIt sounds, from TFA, that it's a combination of private school and taking care of elderly parents. The latter is clearly a "need" rather than a want. The former is more clearly "want", but it may well be a good investment if it leads to better schooling. That said, it seems like a prestigious boarding school, and reading between the lines it sounds like they're spending a lot more than they need to. They make several excuses about better colleges and the kids' friends, which don't really add up. There's a mention of "identity", and it sounds like they just don't want to admit that they're now merely regular-middle-class rather than upper-middle-class. It really sucks that the kids lose access to the very top tier of education, but by definition that's not "middle".