If you have school age children, investing in your children’s education is one of the wisest investments you can make. There is no greater head start to success you can give your children. Education is also one of the most expensive decisions you can make. There are seven reasons why physicians spend tens of thousands of dollars a year to send their children to private schools despite the high costs.
Is the cost of private school for your children worth the investment? Like most financial decisions, the answer is, it depends. Let’s look at a young physician family with three children at home.