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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To ask your household income with 3-4 DC in private school?

306 replies

Lemoning · 15/11/2013 21:26

And are you comfortably living, affording savings and holidays and not worrying about money? Pre tax income, and obviously including the school fees in your outgoings, ie: they're not paid by GP or similar.

I sometimes wonder if we're going to regret starting down the private school road because of money worries later on. Our income pre tax is about £200k.

OP posts:
ultrablue · 10/12/2019 01:29

My best friends daughter who is a similar age to me spent her life at boarding school, I went to state, we both do exactly the same job for the same company (different cities.. etc etc.) But at the end of the day exactly the same job

My eldest DD has just graduated from uni with a first.. went to an outstanding primary school... Then into the worst performing school in our city, she chose it because it felt right and it was.. They nurtured the children there. Every teacher knew the names of every student regardless of whether or not they taught them. The school worked together with each child.

My younger two went to a supposedly much better school in an affluent area and that school just does not compare, it's a terrible school now, infact I wish I had sent them both to the same school as DD1.
Luckily they are both children that will excel at whatever school they attend, DS is at the best sixth form in the area now and DD2 will hopefully follow him there next year in her ambition to become a paediatric doctor.

I guess I am saying that going to private school doesn't automatically mean that you are better than anyone else career wise

Catkin8 · 10/12/2019 01:58

@Josy4real This thread is from 6 years ago..

Sunflower20 · 10/12/2019 07:30

You can afford it, but you’ll have to budget carefully and make some sacrifices. There are burseries as well. I think it would be worth it certainly for secondary school, not from an academic point of view but extracurricular activities and networking.

Sunflower20 · 10/12/2019 07:31

Oh ffs!

Honeythekittycat · 10/12/2019 20:17

My DH and I have two children, both went/are at private school. We have six months left of school fees for our youngest one, and I can't wait. Our household income is slightly less than yours at around £160k a year and for two we have made sacrifices to be able to afford it. We don't have a mortgage and our other outgoing are not excessively high. However, two kids at school was a straight £3500 of income per month out of roughly £7.5k/month (after tax) income. Of the remaining £4K about a £1k for bills etc which leaves us with about 3k per month. I would say for 3/4 it is a huge commitment.

Honeythekittycat · 10/12/2019 20:18

Just realised this is a zombie! Angry

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