Cedarhurst, perhaps not if its only 1 working parent.
Lets say you live in Lakewood and have 5 kids. That’s approximately $25,000/year in tuition.
Lets say you have a mortgage of $1500/month = $18,000/year
Lets say groceries run you $750/month = $9,000/month
That’s already $52,000/year. You haven’t taken off taxes or maaser or paid your utility bill. You haven’t paid health insurance or car payments (if applicable) or auto insurance or phone bill….