DH had his meeting tonight....
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| Thu, 01-20-2005 - 7:18pm |
Well DH had his meeting with his bosses earlier than expected. He called me to say that since his bosses were in the office today they had it early.
Bad news, he's not getting the postition :(. They said that maybe in a year or so the situation might be different but right now, not so much. :( Becase this job will pay 100% of him continuing education and getting some certification he needs in the long run we BOTH know this is the best place for him to be but it just sucks because I feel he's worked his butt off and they aren't seeing it!
So anyway - he's on his way home. And although I dread it, it means we have to have the last and final conversation in what to do as now that we have an answer, like it or not, on the work front we are forced to make a decision on the home front. As previously discussed after much number crunching we are pretty set and in agreement that if the house needs to go than so be it. God I've got knots in my stomach! But at least no we can move ahead.
We've decided that when the home is sold we will pay off ALL our loans/debts and for at least the next year move back into an apartment (again my stomach is in knots just thinking about going back to an apartment even for a while) then because we will be debt free we will start to live SOLELY on DH's income and from now on just put ALL my salary in savings. Townhomes are being built by the same builder who constructed our home in another area of town which are cheaper than our current home but would take an year or a little more to build, so we've thought that for that year we could stay in an apt. and since pre-construction prices are very cheap and a good way to get in we would take part of what's left over we have from the sale of the home after debts paid and use it as a deposit payment on the new less expensive home. The other half that's left over we would put in our personal savings. Than all my income that will have been saved for a year or more will go towards putting 15 to 20% on the new home (yes - it's sad that is how little i make :). This way when we have a new mortgage payment it will be SIGNIFICANTLY cheeper than what we're paying now. And than starting next year we will continue to put my salary in savings until we decide to start a family in 4-5 years. We'll have become pros I hope at that time by having learnt to live with one income for thise years.
Anyway I hope that made SOME kind of sense? :) I guess this weekend DH and I will go see the area where the new homes are to be constructed to see what we think of the place and I'll have to start looking at apartments.
This stinks! I was hoping for some kind of miracle check I guess to fall from the sky so we wouldn't have to deal with it, but since we got ourselves into this mess we'll get ourselves out. At least we will be debt free as a consolation prize, lol :) I hope now that the ax has fallen I can start getting some sleep again, we'll see what happens tonight.
Alright, off to marinate dinner...thanks again for the listening ear...I'm sure I'll have more to say later so beware.
:)

I really think that this will be a blessing in disguise for the two of you. This sounds like an excellent plan and in a year, you may be in a much better postition financially and emotionally.
Good luck!
Windy
That is SO frustrating! I'm so sorry for you. We went through a similar thing last January, where we were expecting a major raise (which finally came through this year), but due to some lying and backstabbing on the part of dh's departing boss, we got zero raise. As a result, the raise this year is the first in two years. New boss, new story, thank goodness.
Anyway, I know this is really tough. But it sounds like you and dh are on the same page, and you will come through this with flying colors. And I'm so proud of you for having a plan, and for thinking so far ahead. You will be so proud and happy when you are buying just the right house, and preparing to stay home with a new baby, and knowing that you did it all without some "miracle money" raining down on you.
Not, of course, that it isn't nice when the "miracle money" does happen, LOL.
Take some time to be sad about the disappointment. It will pass, and you will pick up and move on. And be stronger for it.
Many blessings,
Heather
You ladies have been the real blessing in disguise for me :). Thank you ALL so much for your support and encouragement!!
For the first time since mid-Dec. or so I actually saw hope in my DH's eyes that if we work hard, we really will make this happen for us. I did break down and cried - I guess it was just the pent up emotions inside me FINALLY just needing to be released, and after DH held me for awhile and told me basically that we're stronger than this one issue right now, I did feel better. AND I got a full nights sleep - feeling much stronger this morning.
And who knows maybe in a year DH will get that raise and things will be better. He's starting some classes this summer so that's already a good thing.
We've decided to try and wait to sell until march or very early april in the hopes of squeezing out as much equity as we can, so for these next few months I'm going to have to be very diligent about helping to keep us in line budget wise, and I'm sure I'll be posting about that as the months go by (I really need to get better at grocery shopping, lol). So I'm going to make a budget that we'll stick to until the house is sold.
Thanks for some of you sharing your stories about selling and coming out on top - they are VERY encouraging!
Thank you all so much again!
:)
DH and I sold our home and moved to an entirely different state in order to change our lifestyle.
All my best,
Danni
It sounds like the right decision. DH and I are getting ready to sell again (for the second time) to pay off debt. The first time we sold our home, we moved into an apartment with 2 kids, and it was very, very hard for me to accept. DH had lost his job almost 2 years earlier, and we were hanging by the skin of our teeth for so long. I was extremely stressed out and also mentally and physically exhausted. Writing out the huge checks to the CC companies made me feel a little better. We saved our credit score (always has been in the high 700s, and we feel that is very important).
I didn't tell people why (or sometimes even that we had sold) - I didn't think it was anyone's business. DH told people that we had pulled the money out for a down payment on a home in a new subdivision. I didn't feel like I could keep up the happy face when I felt so bad inside, so I didn't say anything. It was extremely embarrassing, though, when some people I worked with figured out that I had moved and mentioned it in front of the entire office. UGH. People can be so insensitive and nosy.
We are selling again (to pay off debt), but we also just bought a much newer townhouse. Our current townhouse is not built well, and since we received 2 nearly direct hit hurricanes this past summer/fall, it's a miracle this place is still standing. We are not going to take that chance again. We live in South Florida.
DH and I have lived in about 7 different apartment/houses/townhomes since we got married 8.5 years ago, though a few we lived in for just a few months because we were relocating. It's hard for me to move - I resist the change because I just don't like to move. I lived in the same house all the years I was growing up, and I moving a lot is just not for me. We have to do it, though, and I know I'll feel better when I write out the checks. Our youngest will go to kindergarten in 1.5 years, so DH will be able to work full-time.
One thing I learned about buying, selling, moving into a smaller, less expensive home is that I won't feel bad about it forever. The peace of mind is really worth it. I was having horrible headaches, anxiety, feelings of despair, and I know my children were also suffering because of it.
Good luck.
Thank you for sharing your story with me. I'm sorry you went through what you did.
I can SOOOOO understand the feeling of not wanting to tell people at work because you neither want their sympathy nor their endless qusetions, when you're already stressed.
In regards to the hurricanes...I live in Central Fl. and the 3 came through here as well, NOT a fun time, as I spent much of the late summer and early fall stressed out of my mind!
And I agree with you that above all DH and I want to protect our credit score as sometimes THAT seemes harder to fix once it's gone bad - than just plain moving :)
Good luck with your sell.
And thans to EVERYONE else for their responses and encouragement!
:)