Post # 1
So my fiance and I are doing great planning our wedding. We’re not getting into debt and are paying things off as we go.
However, we have a little bit of previous debt from student loans.
My future in-laws are suggesting that we move in with them after we get married so that we can complete paying off our loans (which, depending on how well we stay within our wedding budget could take 3-6 months), and then get an apartment.
They’re coming from a good place, of wanting us to have the best (financial) start possible. However, I’m a little weary of that. I have a great relationship with them, but a newly married couple living with one set of the in-laws is scary to me. Little privacy in that first year? Two hispanic women in one kitchen? (That last one was a joke, sort of lol).
Would you do it if you knew it would only take you 3-6 months and you’d be debt free? Or is the possible strain on the relationship between myself and his parents (or maybe even ours!) not worth it?
Post # 3
Honestly, I would do it for 3-6 months. That isn’t very long. As long as you have the ground rules down and they are okay with you paying so much or not at all to the household bills.
We lived my inlaws for a few months after we got married because we were renting our house out to move and it wasn’t so bad, we mostly kept to ourselves.
Post # 4
I think its different for everyone BUT my husband and I lived with his parents for 5-6 months whilie we were saving and shopping for a home. There were some downsides as far as privacy but overall it was a great experience.
I guess the big thing that annoyed me was that I like to come home to quiet time and his mom was always home and wanting to chat. That was the worst thing though so definitely worth it in the end to have lots of money saved!!
Post # 5
Those downsides are what I’m worried about. I’m such a private person and wouldn’t like to damage our relationship. But it is so tempting to be out of debt and have money saved for a home in 6 months! It would take us two years if we rented an apartment and did it on our own.
Post # 6
I think it would depend on whether or not they would let you live your own life and merely use their house as a place to sleep and eat, or if they will be expecting you to spend all your time with them.
If you weren’t going to live with them…could you manage financially/how long would it take to repay your student loans this way?
Post # 7
Honestly, I’d never want to do it. I’d also never want to live with roommates either, though. I just like having my own space and can’t imagine living with anyone other than DH. If you can pay your debt off in 3-6 months it can’t be that high and you can probably do it in just a little longer living on your own.
Post # 8
No way. If you’re mature enough to get married, you’re mature enough to live on your own, away from mommy and daddy.
Post # 9
Those three to six months will FLY by. If it means you guys getting out of debt and ready to buy a home, I’d absolutely go for it.
Post # 10
I wouldn’t do it. We’re not even married yet but felt we had to get ouF off our parents houses because they drove us crazy. It may take you slightly longer to pay off the debt but I think it’d be worth it to not live with them. Luckily my future in lhave loaned us a down payment on our house so we could start out debt free.
Post # 11
Nope. Nope. Nope. It would be a huge mistake, imo.
Post # 12
@MrsP0801: Personally I wouldn’t do it, but that’s because my MIL is annoying and overbearing! If you set some ground rules between you and them and have a good relationship go for it!
Post # 13
@MrsP0801: I say move on your own and do it in 12 months.
Post # 14
We currently are living with my parents but we were able to live on our own for a year as newlyweds and then decided to move in with them so we could save up for a downpayment on a house which we’ll hopefully be closing on Oct 1st!!! It has been very difficult at time espceially since we are pregnant. It was very hard having “quality” time with DH.
Post # 15
In this circumstance I would not doo it. Its obviously not a susbtantial loan debt if you can pay it off in 1/2 a year living with your in laws.
I rather take 1.5 years or live in a much cheaper apartment for the first year to get my debt paid off.
Unless in the house you would have a fair amount of personal and private space. IE your own living and sleeping area, bathroom etc. Like an inlaw apartment away from the inlaws bedroom
Post # 16
We will be doing that next year… get married, I move in with he and his mom for about a year until we’ve saved our pennies and our house is completed.
As long as it is not forever, I’ll do it. You and your MIL get along fine.