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Do you pay multiple private school tuition?
Posted on 8/9/16 at 5:14 pm
Posted on 8/9/16 at 5:14 pm
I am not white, nor did I go to private school.
But in BR, how do the families afford CHS/SJA for multiple kids, an SUV for mom, vacations to destin or even europe and a big house in U club? I cant do the math.
Most asian families i know have an income comparable to these white families( and few black or Hispanic), but they live more modestly or frugal.
But in BR, how do the families afford CHS/SJA for multiple kids, an SUV for mom, vacations to destin or even europe and a big house in U club? I cant do the math.
Most asian families i know have an income comparable to these white families( and few black or Hispanic), but they live more modestly or frugal.
9
Posted on 8/9/16 at 5:18 pm to Boo Krewe
You've done this thread before and we answered it. LINK /
Combination of the following:
- Two working professionals with no debt outside house
- Support from grandparents/other family members
You'll have the 5-10% that are leveraging every dollar they have via debt, but those aren't the norm from my experience.
Combination of the following:
- Two working professionals with no debt outside house
- Support from grandparents/other family members
You'll have the 5-10% that are leveraging every dollar they have via debt, but those aren't the norm from my experience.
This post was edited on 8/9/16 at 5:20 pm
Posted on 8/9/16 at 5:25 pm to Golfer
what kind of jobs?
I know some engineers and they are always complaining about money.
I know a college professor who is constanly broke and puts her kid in public school .
What kind of jobs do the people who send their kids to U high have ? Lawyer? Dentist? Business owner ?
I know some engineers and they are always complaining about money.
I know a college professor who is constanly broke and puts her kid in public school .
What kind of jobs do the people who send their kids to U high have ? Lawyer? Dentist? Business owner ?
Posted on 8/9/16 at 5:32 pm to Boo Krewe
What you listed isn't the norm. For everyone that does that there's 20 that don't. Si I'm not sure what your point is
A couple making 150k a year (75k per parent) can afford all that and that doesn't require extraordinary jobs.
A couple making 150k a year (75k per parent) can afford all that and that doesn't require extraordinary jobs.
This post was edited on 8/9/16 at 5:35 pm
Posted on 8/9/16 at 5:36 pm to Boo Krewe
Since you brought race into this. Are you Indian? What race are you?
Posted on 8/9/16 at 5:39 pm to roadGator
half asian, half black .
Im just observing things. Alot of highly educated asians i know have big houses, but not much stuff. they dont go on many flashy vacations or have 4 wheelers or jet skis.
Im not gonna lie, i like the rich white lifestyle
Just curious how people afford it
Im just observing things. Alot of highly educated asians i know have big houses, but not much stuff. they dont go on many flashy vacations or have 4 wheelers or jet skis.
Im not gonna lie, i like the rich white lifestyle
Just curious how people afford it
This post was edited on 8/9/16 at 5:41 pm
Posted on 8/9/16 at 5:44 pm to Boo Krewe
Most of them of you see are probably in debt up to their ears.
Posted on 8/9/16 at 5:50 pm to Boo Krewe
quote:
half asian, half black .
Both have significant cultures of taking care of their parents. On the contrary, it's not uncommon for white grandparents to still be helping their children/grandchildren.
Posted on 8/9/16 at 5:53 pm to Joshjrn
ok, most asian grandparents cant help that much financially.
Posted on 8/9/16 at 6:05 pm to Boo Krewe
I feel like I just said that
Posted on 8/9/16 at 6:22 pm to Boo Krewe
Just different priorities. Plus a lot of people make more than you think.
Nurses can take in a lot of money. Hell I know social workers making $65k.
There are librarians making $55k and on up. Some almost reach 6 figures.
If a household has 2 incomes that are doing fairly well, then it isn't that hard to see them finding the money for private school. When you figure daycare is $650 a month, is private school really that big of a deal? Just get used to paying daycare and act like it never stops.
Wife and I pay daycare for our 4 year old, and next year when kindergarten comes, it won't really change anything for us financially.
We do take vacations but we use reward points a lot. Our house is nothing fancy (about $160k) but we put money in the bank each month, and that's more important to us right now.
Nurses can take in a lot of money. Hell I know social workers making $65k.
There are librarians making $55k and on up. Some almost reach 6 figures.
If a household has 2 incomes that are doing fairly well, then it isn't that hard to see them finding the money for private school. When you figure daycare is $650 a month, is private school really that big of a deal? Just get used to paying daycare and act like it never stops.
Wife and I pay daycare for our 4 year old, and next year when kindergarten comes, it won't really change anything for us financially.
We do take vacations but we use reward points a lot. Our house is nothing fancy (about $160k) but we put money in the bank each month, and that's more important to us right now.
Posted on 8/9/16 at 6:24 pm to Joshjrn
I pay for two kids to go to Ascension Episcopal in Lafayette. Their ages are 4 & 8 and it is more than my mortgage by a good bit.
Posted on 8/9/16 at 6:32 pm to Boo Krewe
Two people pulling in $100k each can do that easily
Posted on 8/9/16 at 6:35 pm to Boo Krewe
How? Easy. Modern day America is running over with people who start singing, "I owe. I owe. It's off to work I go!" as they leave for work every day.
Posted on 8/9/16 at 6:37 pm to Boo Krewe
quote:
Alot of highly educated asians i know have big houses, but not much stuff. they dont go on many flashy vacations or have 4 wheelers or jet skis.
Because 4 wheelers and Jet Skis are the epitome of success? I know you certainly never went to a private school if thats how you judge wealth.
Posted on 8/9/16 at 6:49 pm to Jag_Warrior
Need more than 150k to do this. Someone else is paying for it.
Posted on 8/9/16 at 6:53 pm to Boo Krewe
Not commenting on all of the other bullshite that many spend money on, but when it comes to my kids, they weren't going to a public school in La.
What we are paying is worth it in many great ways.
What we are paying is worth it in many great ways.
Posted on 8/9/16 at 7:12 pm to cfa626
quote:
here are librarians making $55k and on up. Some almost reach 6 figures.
can you elaborate , thinking of going into this field
Posted on 8/9/16 at 7:12 pm to dabigfella
quote:
I know you certainly never went to a private school if thats how you judge wealth.
what are signs of wealth then ?
Posted on 8/9/16 at 7:31 pm to Boo Krewe
quote:
what are signs of wealth then ?
Well you def. can't do it by your bullshite story about how you perceive everyone at private schools.
And to further other points, these people in general are probably making much more money than you realize and their parents and grand parents did what most great families do, which is passing wealth down to them.
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