- 4 years ago
- Wedding: June 2013
I will try and keep this short.
I am venting, but also seeking advice if anyone has any.
DH left his job a few months ago and just started a new one (YAY). After leaving his job, he decided he wanted to go back to school to become an electrician. I think this is agreat idea – I see it as investing in our futur. DH wants me to be a SAHM one day, and well, I don’t see it being possible unless he has something sure to fall back on, with a good income. (I’d like to be a SAHM, too)
Thing is, these last few months have just shown me how hard it is to live off of my income only. Things are tight, to say the least – I have been stressing about money a lot living from paycheck to paycheck. Our account in in overdraft as I type this (pay day tomorrow and DH’s first paycheck tomorrow! – So we will be good, but still).
On top of that, we have 15,000 on a line of credit (some was for the wedding and HM, the remainder of his car loan and the rest was for stupid crap) and just over 2,000 on our VISA – Pretty much all consumer debt.
I know we have been pretty dumb about our spending.
Thing is, he has the opportunity to go back to school in the new year or wait until next fall.
He is 26 and I am 25, and honestly – This is not how I envisionned our first year of marriage going… We had a debt re-payment plan, was planning to start a family, was saving for a house as well. I wanted to start a family and now all of our plans have changed not only because he wants to go back to school, but also because we have to take care of our debt.
I am just feeling hopeless because I don’t know where we will get the money for his school (OSAP would be the best choice – in other words, a government loan which you only have to start paying 6 months after you are finished school, interest free up until then), I don’t know if we will be okay with just my income, even if he work P/T during school. What if an emergency happens? What if I lose my job? What if the car breaks? What if the dog gets sick? Etc. etc. I don’t know if I can be that strong for both of us while he is studying – And, I really wanted to start a family before I hit my late 20s…
Part of me thinks ”Just be strong for a few years, then you can be a SAHM and house owner”, but a bigger part of me is worried, and I am really good at worrying.
Please don’t bash me for our debt, I do that to myself already.
Any constructive advice is more than welcomed!!
Thanks for reading my life woes.