while i understand, that it costs to educate our children, on a household salary of $110,000, this is the breakdown
mortgage at 1200 a month = $14,400
car payments a month= $8000
gas payments $80 aweek to fill up nowaday x2 cars =$8300+
car insurance/ medical copays $7000
food per week$ 350 (shabbos alone could be over $100) = $18,000+
clothes for family of 7 $2000
money to fix things in the house 2000
credit card debt Payments of 4000 a year ( yes we have lots of debt)
personal loans (eeded money for a down payment )
shul member ship 500
building funds 1000
bedek habayit funds on top of school building funds 1000
total comes to $6900
now add tuition for 5 kids at 9000+ each = $45000
GRAND TOTAL 112000
the list could go on and on
i am sure i am leaving out many things from this list
. i am also positive i will get yelled at by ywn readers who will tell me to dress my kids in rags to lower clothes costs, starve my 5 growing boys, to lower food costs, dont charge all the above and i would’nt incur all the credit card debt etc
but it still doesnt leave much money leftover to add to my savings so we just get by.