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Monday, February 22, 2010

Who's Says You Can't Go Home Again?

Net Worth: Well, I guess I don't need to post this anymore.

So we've all but made the decision. We are moving in with my wife's parents. I can't believe I just typed that. We are moving in with my wife's parents. Well, it might make this blog a lot funnier. I'm sure I'll have plenty of stories to write about for the next year. My parents think I'm crazy.

The saddest part is I am getting rid of my dog. Hopefully, we can find a good home for her. If not, I will be giving her to the Animal Protective League (APL). It sucks, but the only reason I took her was to save her from a home that was not a good place to begin with. Hopefully, we can find her a good home. The other dog is going to stay temporally with a friend of ours as long as our dogs get along with one another. I don't think it will be a problem, although he is a little grumpy at times.

So here's how this works. We are going to rent out our half of the duplex. The income from both halves will almost equal the mortgage payment and the taxes combined. Throw in the cost of utilities and canceling our internet service and DirecTV bill, it will be saving us close to a total of $750 a month.

Also, I found out that the second job I applied for still has me on the list of potential hires, which is great news. I figure at part-time, I can make around $400 a month. Add that to the savings from moving in with her parents, about $1150 a month. If we are able to survive for a year, we will have $13,800 towards savings and debt.

As I've explained to my wife, I am 100% excited about this. I finally feel like we have a plan, a goal that we can actually accomplish. Let's just hope that I am still sane when this goal is still accomplished.

T.O.

2 comments:

  1. Best of luck to you! You’re a braver man than me. I would save like crazy and have an exit strategy.

    ReplyDelete
  2. That's our plan save save and pay off debt. Our exit strategy is to either relocate when I find a new job or move back into our rental unit.

    ReplyDelete

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