I am turning to you, my fellow Anash to help me out. We just do not know how to do this and since finances are something people rarely talk about freely, I hope that an anonymous message would help us get actual answers, as opposed to, “We don’t know” when the same question is asked in person.
Baruch Hashem, we have a large family with children in mesivta, Zal, seminary and all the way down to preschool and I have no idea how we can pay everything with our limited income.
Combined, my husband and I earn $80,400 a year. My husband is a Kashrus Mashgiach, and I do babysitting at home. Here is our financial breakdown:
We pay $3,000 in rent and spend about $200 a week in food.
We get $800 a month in food stamps. We do not pay for healthcare, only for an occasional specialist, some dental and orthodontics (which we need to do, but cannot justify the expense right now).
We have the usual utility bills and insurance and do not spend money on anything that is not a need. We rarely eat out, and if we do, it’s at the pizza shop. We do not go on regular vacations, perhaps once every 5 years. The one time we did, we drove and stayed at a friend’s house.
As you can understand, we are not spenders.
I am writing because I would like to know how do people with our income level pay the tuition for education for the children?
Seminary is asking $19,000, Zal is $15,000, Mesivta is $16,000. Elementary school is $4,000 each child (times 5) and preschool. Even if each moisad gives us a scholarship, it is still, if you do the math, way beyond our income level.
I am not here to complain about the tuition costs. I know that schools have a budget to cover and teachers to pay.
All I want to hear is what are other people doing or can do in such a case. Do people open credit cards, with no way to repay? Do grandparents help out? Do you perhaps do fundraising?
Please tell me the secret; is there some trick I do not know?