It’s Friday again. I had to admit this is not an easy week for me. After a lot of back and forth, I finally decided to withdraw my elder daughter from Montessori school, mostly due to financial reasons. As a father, I felt I am giving up something for my daughter due to my limited earning power. Both of us liked the school, and we have been there for a little over 3 years since she was 1.5 years old. From toddler house to pre-school. She had some good friends there. My original plan was to bite the bullet and stay there until next May, but due to some costs associated with new baby, I decided to look elsewhere. I don’t feel comfortable to put all this in a credit card, and begin to pay back until next summer. This also bring up another point, about emergency savings, and life style choice. I felt I did not do my best job in this aspect during last 3 to 4 years. Now I learned the lesson the hard way. I guess there are two sides of an equation, save more (which is usually more meaningful), and increase earning power (not as efficient as government took a cut from any increase in paycheck).
I will share more when I give it more thought on this topic.
(11-5-14) Yesterday was serenity’s day 2 at new school. My wife already had second thoughts on this đ But we think at this moment let’s stay put, rather than rush to conclusion. There is an old Chinese saying that is applicable here: it’s easier to get from poor to luxury, rather than the other way around. (need better translation here đ