Hi,
I’m writing this because I have had an ongoing disagreement with my wife about our son going to private school, and the cost. I hope some of you guys can help shed some light for me.
We are a single income family, and I’m passionately working towards our financial freedom. I work a full time job and am growing a real estate business on the side, to replace my income and bring it to new heights. We have plenty of debt from past mistakes as well as 6-figure student loan I’m working on paying off. I have a 6-figure income from my full-time job. I am still working on getting the Real Estate business to sustain itself so I try not to touch those funds when they come in. My wife is a stay at home mom.
My wife places a high value on receiving the best possible education, and of course I agree. The private school our son goes to has received awards in academics, etc and certainly is the best the area can provide from what I can tell.
However, I went to public school and I feel as though I turned out just fine. And honestly part of me feels like our educational system is overrated and beyond the essentials, much more can be learned from life experience or alternate methods of education. I also have been and will continue to teach my son the entrepreneurial mindset and how to create wealth.
The school costs around $500/month, and the price will be going up soon now that we are married. She was previously getting tuition assistance. I just feel like this money could be used elsewhere or to speed up our journey towards financial freedom. As a single income family that is trying to escape the “rat race,” $500 a month seems like an astronomical unnecessary expense.
But she is adamant that it’s valuable and important enough to warrant the expense. As far as our path towards financial freedom, she is essentially “along for the ride,” she knows next to nothing about the financial path we’re on, and is blindly following along. I have tried time and time again to involve her but she isn’t interested. She says she trusts my judgement and believes in my plan. And in one respect that’s great, but in others it can be frustrating. But she is so adamant about private school being a necessity that she says if I was unwilling to pay for it she would go back to work to pay for it. And I don’t want to be the husband that makes his wife go back to work to fund their child’s education. So I’m caught between a rock and a hard place.
When we are past certain milestones and are ready to buy a house I plan to buy it in a town that has one of the best school systems in the state. Perhaps my best bet is to hold tight until then and then make my case? Though I have brought that up before and she didn’t respond favorably.
I’m open to hearing opinions on this matter because I’m not sure that I’m right. Maybe it is that valuable, and it’s just me that doesn’t see it? Or am I right in thinking that a public education is sufficient enough along with the life and business experience I’m going to give my son, and private school is just an unnecessary expense dragging out our journey to financial freedom?
Your thoughts, opinions, and knowledge are very much appreciated in this matter.
tl;dr: My wife and I disagree about our son’s private school. She thinks the $500/month is worth it and I think a public education is just fine, and that that money can be used to get us to our financial freedom goals faster.
Submitted December 26, 2017 at 11:10AM by IncogNeato11 http://ift.tt/2C64Uqv
