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What is a Feasible Budget for Homeschooling?

I would ask and answer the question: what do you want? What you want for your student and what you consider “homeschooling” will affect your budget. If you want to add supplemental courses or art, music, sports, and activities, the price can certainly go up for homeschooling proper.

Even with those extracurriculars, homeschooling still provides a shoestring opportunity. Lots of homeschoolers are respectful and appreciative of homeschooling, because it saves them a lot of money. They’re not fighting a financial battle in private or public schools. There are all kinds of expenses at private and public schools: clothing, competition expectations, presence, and a variety of things that just make the whole endeavor expensive because of the social dynamics involved.

I would say this: a reasonable budget that you ought to be able to follow very safely would be about 1/3 of what a private school costs. That might even be extravagant in some ways. Check in your area and figure out what private schools cost, and use 1/3 of that as a budget. I think you’re going to find that to be a pretty nice focusing strategy for you. It makes your budget reasonable, but keeps it efficient.

-Dr. Fred Ray Lybrand

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