Private School Is Busting Savings

The private school that Maurine has her kids in is killing their budget. Should she go the public school route?

QUESTION: Maurine has 3 kids enrolled in an expensive Christian school. The tuition has caused them to dip into their savings. Should they keep their kids enrolled or take them to a public school?

ANSWER: If you can’t cash flow it, you can’t do it. It doesn’t fit in your budget. Being in a private school can have academic and spiritual advantages, but my kids didn’t go to Christian schools, and they turned out just fine. You’ll find ugly things in any school that you go into, so don’t be under the delusion that everything is hunky-dory in a private school.