Enough Money To Pay Twice—Revisiting the Private School Myth

I bought a new bike. This will cause some, like DanDantheRetiredTranspoMan, to go apoplectic. Let me beat him to the punch.

“Another bike?! What was wrong with the one you just bought?! How many do you need? You’re a sad(sick) guy.”

If someone buys a new bike every 20 years, then yes, it may seem like I just bought Blanca. In actuality it was January 2020, so this is season four with her. I confess, that is a short upgrade cycle especially since nothing is wrong with Blanca. She’s still exceptional. The purchase is really some cycling friends’ fault for getting me thinking about a slightly lighter version of her. The whole idea is getting into a better rhythm on long climbs. What’s more important in life than that?

And as to number of bikes, I will be selling Blanca, keeping the quiver to a grand total of two or a fraction of the number most cycling enthusiasts have in their garages.*

You may be thinking maybe I should just train harder, lift more weights, cut back on the Costco Tuxedo cake, but all that requires more discipline and work than wiring Eric in Portland some scratch.

I met Eric at Starbucks in Woodland, WA. Recently, when he got his dream job at Specialized, as the head of their design team, he immediately put in an order for one of their nicest/lightest bikes. Shortly afterwards, he got whacked, which meant he could no longer afford the nice, light bike still in the box. Then he had to find a needle in a haystack. More specifically, someone 6’2″ with some spare change. I turned out to be his needle.

Eric revealed that a part of the problem of being laid off is they have their children in private schools. “How old are they?” I asked. “12 and 15.” When you send your kids to private schools, you’re paying twice—property taxes which fund the neighborhood schools you drive past, and of course, the private school’s tuition. That requires something Eric’s family is currently lacking, a lot of disposable income.

I thought about sending him this post,”The Private School Myth“, from way back in the day, but obviously I don’t know him well enough.

Because I didn’t need to purchase his bike, he may have taken a loss on it even factoring in his work discount. If somehow he finds that post, accepts my premise, and decides with his wife to send his kids to public schools, they’d be on their way to bouncing back. Here’s hoping.

*I really do need a hardtail mountain bike.