Tuesday, November 9, 2010

Money Matters

I've talked about poop on here, about sex, about depression and loneliness, I've prattled on about most topics under the sun but I don't think I've ever explicitly written a post about money and I couldn't think of a reason not too.  Some people are funny about money, thinking it's a taboo topic even amongst friends.  I don't get too uptight about it so here's our money situation: we have it, just not a whole lot of it.

I feel fortunate to not really have been affected by the recession.  Andy and I are both public servants, our jobs are respectable and I personally knew that neither of us were in danger of being laid off.  However, we did see a dramatic decline in Andy's overtime.  He used to make an extra $20-$30K a year just in overtime so we've been feeling the effects of that being cut nearly in half.

When I was growing up it was always in an apartment.  No back yard, no pool, always neighbors above or below and on both sides.  We played stoop ball and asses up.  It was what it was and I have no regrets about my childhood; my parents did the best that they could and I think they did a great job with my brother, sister, and myself, but I knew that that wasn't what I wanted for my children.

And I have a house, a small townhouse that we're very quickly outgrowing, that seems to have something breaking every time I turn around, but it's ours.  That being said, we bought at the worst possible time (right before the bubble burst) and even though we've done a ton of work to the house, it's very unlikely we'll make a return on our investment.  But we want another house.  A bigger house means a bigger family.  I'm not in a rush to have another baby by any means, but things take time and I'd like to get the ball rolling sooner than later.

I also have an ass ton of student loan debt.  Maybe I shouldn't have opted for a very expensive college after all, because what I pay each month is probably equivalent to someone's rent or mortgage, granted I'm paying triple the minimums but it's still a lot of money.

That's one of the reasons why I work.  I want bigger and better things and those things don't come cheap.  I want Isabella to have a big back yard and a brother or sister to play in it with.  I want her to have a college fund this way when the time comes she has a choice as to wether or not she wants to work or stay home and raise her family.
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3 comments:

Sarah at The Stroller Ballet said...

Good for you for knowing what you want and going for it!! I think it sounds like you want to give your children an amazing life.

TheBabyMammaChronicles said...

I can completely relate to this post. Good luck Mama! You've got this!

Lindsey Brackett said...

Love your reasons for why you work--those are important and it's why I stuck it out in education a good deal longer than I really wanted to. And I've learned a lot about money management along the way, like you've got to have some to manage it :)

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