Aces High Bulletin Board
General Forums => The O' Club => Topic started by: Sandman on June 22, 2005, 11:20:05 PM
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You think it's hard now, but...
it just gets worse (http://moneycentral.msn.com/content/CollegeandFamily/Raisekids/P118759.asp?GT1=6657).
Good luck... You may have already started saving for college. Maybe you should consider saving up for all this other stuff.
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It's that their growing bodies, minds, interests and need for independence almost inevitably lead to bigger bills. Combine that with a notorious lack of judgment -- which produces its own expenses, from fender-benders on up -- and you can face a serious strain on your budget.
Kind of a no-brainer...I'm mean really, just reflect back on our own lives? But these days, an article like this most likely has to remind people of this typical "behavior costs".
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Here is inflation adjusted costs to an arbitrary year (1975)
Academic coaching: $35 a term ($9.34)
Sports/band: $150 a term ($40.05)
Kumon, an after-school tutoring program: $90 a month ($24.03)
Orthodontia: $120 a month($32)
Music lessons: $75 a month($20.02)
Instrument rental: $50 a month($13.35)
After-school snacks: $50 a month.($13.35)
Extra groceries: $400 a month.($106.79)
Scout "gear" and activities: $125 a month($33.37)
Health club fees: $50 a month.($13.35)
Health insurance co-pays: $15 a month average.($4.00)
Clothes: $50 a month.($13.35)
The more things change, the more they stay the same.
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lol...that is "chump change".
Let's talk about school fees....
Preschool Montessori - 10,500/child/year
Grammar School - 12,500/child/year
In two years all three of my kids will be in either of these schools.
Two will be in the grammar school
Subtotal: 25,000
One in Montessori - 10,500
Total $35,500 for that year. $37,500 two years later - but probably more as the fees are raised all the time.
:( :( :(
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Originally posted by Curval
lol...that is "chump change".
Let's talk about school fees....
Preschool Montessori - 10,500/child/year
Grammar School - 12,500/child/year
In two years all three of my kids will be in either of these schools.
Two will be in the grammar school
Subtotal: 25,000
One in Montessori - 10,500
Total $35,500 for that year. $37,500 two years later - but probably more as the fees are raised all the time.
:( :( :(
That sucks Curval! :(
We're fortunate enough to live in an excellent school district where private school is not needed. Its one of the reasons we chose this location when we moved in 1997.