The purpose of this study was to investigate investment behavior of mothers who have children of the lower grades in primary school and the effects of the variables. The subjects of this study were 454 mothers who have children of lower grades in primary school in Seoul. Statistics used for data analysis were frequency, mean, percentage, multiple regression. The households which paid their money for private education investment cost was 182.543 won a month and the mean of time use of mother for child education was 125 minutes a day. The most influencing variable on money investment to private education investment behavior was family income and on time investment to it was influence of reference group