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Home schooling to save money...??? (Business related)

Posted on 1/13/17 at 8:39 pm
Posted by HANSENBREATH
SulphurTorCountry
Member since Oct 2009
134 posts
Posted on 1/13/17 at 8:39 pm
I'm at a birthday party and I see one of my former neighbors. We catch up on family and friends then he tells me about his engineering firm he just opened. As of now its just him and one other person on the payroll. He then tells me that his wife quit her job as a teacher to stay home, keep his books, and she can home school the three kids. I asked him what was the purpose of home schooling the kids (11, 8, and 6 year old) and he said that it saves money and helps the business.
Why would home schooling help save money? (his kids went to public school before)
Is there some type of tax credit for home schooling?
Would his business be able to use the home schooling in tax filing?
I was just curious.
Posted by OldSouth
Folsom, LA
Member since Oct 2011
10940 posts
Posted on 1/13/17 at 9:03 pm to
Maybe he was planning on sending them to private high schools? I don't know.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 1/13/17 at 9:28 pm to
That's pretty damn selfish of them.
Posted by OceanMan
Member since Mar 2010
20024 posts
Posted on 1/13/17 at 11:09 pm to
if it saves money it's not worth what the kids are giving up socially.

I can't see how switching from a teacher to teacher and bookkeeper for the family business is netting more in cash.

Fun fact, bookkeeper is the only word in the English language with 3 consecutive double letters.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 1/14/17 at 8:34 am to
quote:

it's not worth what the kids are giving up socially.


You apparently aren't aware that homeschooled kids play and do field trips with other homeschooled kids all the time. Nothing stops them from joining Scouting or other volunteer organizations either. They aren't cloistered in a monastery.
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