I recently met with new clients who happen to be religious people. The couple is very nice. In fact, they are wonderful people. But they struggle financially. Why? Do they have lousy jobs? Nope. They are great earners. Are they big spenders. Not really. They live very frugally except for the one item – a private, religious school. They strongly believe in sending their children to religious school at all costs – so they do.
You know the first question that Joan (the wife) asked when they came into my office?
“Should we refinance our mortgage to pay for our childrens’ education?”
They showed me the tuition they were paying to send their children to elementary school and I just about fell off my chair. The first thing that popped into my head was that I should start a school! With that

July 15th, 2011
Amber Cook 
Tags: Religious, Religious Schools