this may be the greatest financial day of my life

January 5, 2011 |  Category:   life

Maybe just as good as the day I paid off my student loans from grad school. It was a frightening amount, but I paid it off in 7 years, partly due to a lump settlement I won, but mostly because I made paying off that monthly bill a priority. But today, the day I wrote the last preschool tuition check that I will ever write, is almost, if not just as victorious. No, no, wait, you don’t understand. I need some high fives! Applause! Some butt shaking touchdown moves! After paying crazy, eye-popping, sit down while you read the prices, NYC tuition bills for preschool all those years, we’ve finally made it! You’re still not convinced this is a big deal? Remember that we tearfully ended our relationship with our part time nanny of 6 years last August? PT nanny for 2 + preschool was by far our biggest monthly expense after our mortgage. Now that we don’t have either of those expenses we’ve hit the parenting jackpot! Both kids will be in the same public school come September! Booyeah!! It hasn’t been easy juggling work schedules within the confines of the kids’ school hours (drop off and pick up is about an hour round trip walk each morning and afternoon when all’s said and done – more in the afternoon because Claudine gets out a full hour earlier than Mia), but we’re doing it. 4 months in and we’re managing.

So…….what are we going to do with our new found wealth? Take more vacations (this is why we *didn’t* take vacations). Maybe try and work less (judging by the insane hours I have worked every day this year so far, this isn’t happening right now). Buy more stuff for the house, like furniture and lighting. Take the cash, throw it up in the air and roll around in it (um…).

Of course we still have summer camp to pay for, which will now be a regular expense since we have no childcare in the summer at all. In NYC, we register for camp as early as October. For the NEXT YEAR. Oh, and yeah, now we can afford some extra curricular classes like dance and music (Mia wants to take tap and she’s very interested in taking up an instrument). Oh, right, then there’s things like braces for most likely both girls, and…and… Huh….crap.

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  • Kristi Estes January 5, 2011 at 5:13 pm

    smile. sometimes we think about having a third babe and then your exact thoughts stop us. it is crazy expensive raising children these days.

  • Jane January 5, 2011 at 5:26 pm

    Seeing less expenses in your budget is an ENORMOUS relief, especially when it has ben yeeeears of shelling out. But oh how you make me laugh. I love how you write Jenna. Got a big smile on my face. Nice way to start the day and… c o n g r a t u l a t i o n s!

  • Anna @ D16 January 5, 2011 at 5:51 pm

    AWESOME. Congratulations!!

  • Ashley January 5, 2011 at 5:55 pm

    Congratulations, Jenna! Awesome! It’s funny, but I don’t know what my parents struggled with in terms of paying for–I just took it all for granted as a kid. It’s sort of amazing to think that Claudine and Mia will have these records of how you made it all work when they’re old enough to appreciate it.

  • Cynthia January 5, 2011 at 6:32 pm

    Congratulations! Enjoy your “new found” wealth ๐Ÿ™‚ What a wonderful way to start 2011!

  • Jess (Where My Heart Is) January 5, 2011 at 6:55 pm

    I know exactly how you feel. My daughter starts her final year of school here in Australia in a few weeks (our school year is Jan- Nov) and I am definitely going to do a HAPPY DANCE when I pay the last installment of fees in August. I have been paying private school fees for our daughters for a total of 16 years!

  • Ez January 5, 2011 at 8:21 pm

    Woot! Woot! I’m here with some booty-shaking (probably hip cracking at my age) action in celebration for you guys! Congratulations!!!

  • rebecca January 5, 2011 at 11:22 pm

    haha. *high five* enjoy the wealth! ๐Ÿ™‚

  • Lauren Alissa Hunter January 6, 2011 at 2:12 am

    YES for more vacations.

  • Lara January 6, 2011 at 2:37 am

    High fives comin’ at you from Seattle!

  • mery January 6, 2011 at 8:22 am

    Awesome!!!! …and a bit jealous. Our tuition for mila is (i’m sure) a tiny fraction of yours and we still have another year to go but i’m already dreaming of having that chunk of change to use on something else ๐Ÿ™‚

  • rebecca January 6, 2011 at 10:34 am

    high five from paris !

  • kari January 6, 2011 at 10:53 am

    whoohoo, high fives from Thailand!

  • diamondkelt January 6, 2011 at 12:16 pm

    Holla with yo money bitchez! High fives!

  • Stephanie January 6, 2011 at 7:32 pm

    You go girl!!! You’ve worked hard – especially the past year…congrats to you and the fam!

    Sending virtual high fives from Canada your way and happy claps all around ๐Ÿ™‚

  • Anissa January 6, 2011 at 7:52 pm

    Child care is by far the most costly thing about having kids. For myself, the next two years are going to be murder paying for after-school care and summer camp for two children. Ranging between $500- $1,000 per month, I cannot imagine how our lives would improve if only we could keep that moola. You are very, very lucky!

  • bronwyn January 7, 2011 at 10:08 am

    Woo Hoo!! Many preschools here cost what I paid for an entire year of college for ONE MONTH! So that’s 10 times my college tuition. There was no way we could do that, so we went with a hippie co op. Now we pay exactly what I paid for a year of college and I get to go clean the school at 8am this Saturday. Truly, you have my sincere congratulations. But the classes, and braces, and…and…well, that just made me laugh. Happy New Year!

  • Jennifer January 7, 2011 at 11:00 am

    Gotta love financial freedom – congratulations!

  • Patricia Scarpin January 11, 2011 at 7:14 am

    Congratulations! That is a huge thing – and you certainly deserve all the good things that extra money can buy.

    I have been a silent reader for a couple of weeks – reading your blog has made me feel so good. Thank you.