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« Last edited by YitzyS on April 29, 2021, 09:29:16 AM »

Author Topic: Fuzzy Math - Personal Finances In The Frum World  (Read 8175 times)

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Re: Fuzzy Math - Personal Finances In The Frum World
« Reply #220 on: July 13, 2021, 05:09:21 PM »
this

The cost of a piece of meat twice a week, or a washing machine don't begin to make a difference.
And the difference from zero car to late model car is maybe 1 kid tuition

The tuition issue might actually be a sign of greater wealth in the Jewish communities. It used to be the schools had fundraisers that would work hard to fund the Yeshivos and חדרים. Now the administrators just throw the burden on the parents - because they can.
I've been waiting over 5 years with bated breath for someone to say that!
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Re: Fuzzy Math - Personal Finances In The Frum World
« Reply #221 on: July 13, 2021, 05:38:04 PM »
The tuition issue might actually be a sign of greater wealth in the Jewish communities. It used to be the schools had fundraisers that would work hard to fund the Yeshivos and חדרים. Now the administrators just throw the burden on the parents - because they can.
Some continue to fundraise regardless of the tuition.
An established school is well off

Offline yelped

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Re: Fuzzy Math - Personal Finances In The Frum World
« Reply #222 on: July 13, 2021, 07:03:59 PM »
I would say housing, tuition, and health insurance are the three largest expenses of the Jewish household, followed by food and (high standard) clothing.

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Re: Fuzzy Math - Personal Finances In The Frum World
« Reply #223 on: July 13, 2021, 07:13:33 PM »
Some continue to fundraise regardless of the tuition.

Some even continue to coerce parents to fundraise for them (hello, Rayze.it et. al)

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Re: Fuzzy Math - Personal Finances In The Frum World
« Reply #224 on: July 13, 2021, 07:30:54 PM »
Rayze.it

Off topic, every time hear this platform's name, I imagine a petition to burn something down.
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Offline EliJelly

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Re: Fuzzy Math - Personal Finances In The Frum World
« Reply #225 on: July 13, 2021, 08:13:06 PM »
Another area where we differ from our parents/grandparents. Although it's still not a standardized habit, some treat it as a luxury but many as a must.



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Re: Fuzzy Math - Personal Finances In The Frum World
« Reply #226 on: July 13, 2021, 08:18:53 PM »
I would say housing, tuition, and health insurance are the three largest expenses of the Jewish household, followed by food and (high standard) clothing.

Food is waaay above health insurance. Clothing is too with a large family. By far.

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Re: Fuzzy Math - Personal Finances In The Frum World
« Reply #227 on: July 13, 2021, 08:27:04 PM »
I would say housing, tuition, and health insurance are the three largest expenses of the Jewish household, followed by food and (high standard) clothing.
Food is waaay above health insurance. Clothing is too with a large family. By far.

Health insurance is very dependent on the family. It's much more subsidized than pretty much any other "staple" or common expense in a very large number of households. Transportation is an under-rated expense, IMO. Can easily run 4 figures a month, between the vehicle(s), gas, insurance, tolls, etc.
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Re: Fuzzy Math - Personal Finances In The Frum World
« Reply #228 on: July 13, 2021, 10:16:00 PM »
FWIW - my parents (A"H) would be in their early 70s if they were alive today. While they didn't not go to public schools, most of their friends from shul did. My father said that at one point Abraham Lincoln high school in Brooklyn was nicknamed "Avraham Lincoln", and would close for Sukkos and Simchas Torah, because more than half of the kids and 3/4 of the teachers wouldn't show up - we're talking the mid to late 1960s.


But their generation did utilize day schools. There are very few of these summer homes being inherited now from you grandparent's generation.
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Re: Fuzzy Math - Personal Finances In The Frum World
« Reply #229 on: July 13, 2021, 10:25:11 PM »
Health insurance is very dependent on the family. It's much more subsidized than pretty much any other "staple" or common expense in a very large number of households. Transportation is an under-rated expense, IMO. Can easily run 4 figures a month, between the vehicle(s), gas, insurance, tolls, etc.

True

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Re: Fuzzy Math - Personal Finances In The Frum World
« Reply #230 on: July 27, 2021, 11:00:41 PM »
Kosher Money podcast. Definitely has a lot of potential
https://youtu.be/ZRYfzLsJrgw
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