Hubby and I just talked about all this again, and we have come to some agreements. We are starting to be on the same page. Let's hope the progress continues***
So, in two years, our baby will be starting kindergarten. We're faced with a dilemma. We live in the city school district, which frankly, is crap.
I did the math, and IF tuition did not increase (which it will ), we would be paying a minimum of $128,000 for 1-12 grades for two kids in the least expensive private school in our area.
It pains me, but I say moving to a good school district may be our best option. Love our house, but I keep running the numbers and none of them are good.
That tuition money -- I feel-- should be going into their college savings accounts, not for tuition.
We would have to pay more for an equivalent house in a decent school district, and we may even have a longer commute, both of which would suck, but I think in the long term it might keep us in better financial shape.
Also, when the kids are about high school age, we will have two aging parents -- one of whom lives 16 hours away-- and or be inheriting his parent's land, which has PROPERTY TAXES ALONE of $50,000 a year. That isn't a typo. They get senior citizen discounts that reduce that to about $20,000 a year, but we would not qualify for those.
Around that time, we will also have to begin paying for two college educations.
Hubby refuses to recognize that we have this potentially huge expense on the horizon. And he insists that he wants to keep the land.
I only bring this up because hubby and I were talking then arguing about it today. He says we'll be fine, even if we have to pay tuition, but I disagree.
Any of you had to move for schools? Is it worth it to just stay put?
Serious school advice
October 24th, 2010 at 10:30 pm