Would be hard for my kids to hide our standard of living based on where we’ve lived. Also, the kids have been in private school for a couple of years and folks can easily look it up online. And some have asked how much the school costs. One of our kids received a full anonymous merit based scholarship worth six figures but we didn’t share that with anyone. Why? It’s our business.
That being said, we don’t waste money and never have. My oldest is working right now and always looking for more hours. My kids respect money and have seen our ups and downs over the years.
Our kids buy things on sale and even if we take an expensive vacation like we did last year, know that there are trade-offs.
The kids know that the cost of education for them is 1.1-1.3 million after tax. Crazy number for anyone to pay. They also know we’ll pay for college but not grad school. If anyone gets a scholarship we’ll figure out how/ if that will apply to grad school.