Reply #45: tuition alone

[aeolian]

for one child at Yale would be about 20% of your annual gross income (i.e. before taxes are even taken out). That's not counting housing, books, and fees. That's after you've already spent $100,000's of dollars over the years that we without children do not spend, much of which cannot possibly be budgeted or controlled.

And we with homes occasionally have to sink thousands of dollars into them in a single day. That sucks for cash flow.


I'm 27 and make just about what one of you must make on your own. I would never claim that $100,000/yr = financial freedom.