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AIBU?

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Original poster

Can I afford private school for 3 children?

55 replies

Internationalwomendayheadquarters · 29/04/2025 16:56

We are struggling to make financial decisions about the kids’ school. Our local state school is awful (violence and very poor outcomes)

Our local private school is going to cost us £12K a year per child (staff discount). The fees go up 5% a year.

We have 75K joint earnings, no mortgage. No hefty bills such as car payments etc and a basic UK holiday each year. We also have investments that bring in 25K a year.

Should we just move to a better school catchment?

YABU - you cannot afford this
YANBU - you can afford this

OP posts:
littlemissprosseco · 29/04/2025 17:08

Yes, if you’re prepared to sacrifice things like expensive holidays, take outs, restaurants, cinema trips etc….
Only you can decide where to spend, and what is of highest priority for you

Overthebow · 29/04/2025 17:08

Is your £75k joint earnings before or after tax? If that’s your actual take home then it’s fine, if that’s before tax then I’d say you can’t afford it.

Quitelikeit · 29/04/2025 17:05

No and how on earth do you need to come on here and ask?!

You certainly can’t be a math teacher (I hope)

HollidayRanger · 29/04/2025 17:04

No

Rocknrollstar · 29/04/2025 17:01

You have £100k per year and school fees for three will be £36k. You do the maths. In any case, you have to budget in not 5% py increase but the cost of secondary education which is much more, expensive uniforms and school trips.