(Closed) Baby or house? Which would you do?

posted 4 years ago in TTC
Post # 2
Member
3729 posts
Sugar bee
  • Wedding: City, State

mrsdfarrar6714:  we got out of debt, bought a house, and then got pregnant. Houses are expensive. Babies are expensive. We wanted to make sure we could afford the house before adding in baby costs.

Post # 3
Member
563 posts
Busy bee
  • Wedding: August 2015 - Alexander Homestead

I ditto what the PP said. I would definitely focus on the debt pay off, finishing school, and saving up for the house. 

Post # 4
Member
337 posts
Helper bee
  • Wedding: May 2015

mrsdfarrar6714:  i grew up with the mentality to always have the house first, then baby. so that is what we did, we bought our house first (not pregnant yet). i know plenty of people who have babies and rent, which is fine, but personally i would rather have the house first. moving when pregnant or with little babies sounds like a night mare to me, i would prefer to have a home base first. but the cons of buying the house first could be going against biological time clock and may not be able to get pregnant.

having a house, i felt like we could truly invest and nest in it (spend money on quality furniture, home decor, kitchen appliances, etc) because we knew we were going to be living here for the long run. a lot of my friends who rent say they never feel they could invest much on their place as they knew they wouldn’t be living there forever.

Post # 6
Member
1051 posts
Bumble bee
  • Wedding: March 2011

We had no debt to pay off but we did have to spend a little over 50k on fertility treatments to get pregnant. Now that I’m about 16 weeks along, we’re hunting for a house. Hopefully we’ll find a place and move in before baby arrives but if we don’t we could stay in our current place a bit longer. The housing market in my area is incredibly competitive and we’ll likely have to offer on 5-10 houses before being accepted.

Post # 7
Member
1154 posts
Bumble bee
  • Wedding: June 2014

mrsdfarrar6714:  I would rather have a house and then a baby, but I am really really tired of renting.  DH however loves renting and wouldn’t care if we rented for The rest of our lives.  We are now early in our pregnancy and will be renting for awhile, but I am pushing us to save for a house by our due date in March.

Post # 8
Member
2013 posts
Buzzing bee

mrsdfarrar6714: I already had the house before Fiance and I met but we have been looking at land which will then be used to build our forever home. We want to take care of all of that stuff and clear most of our debt before TTC. I feel it’s much easier to take care of everything now while it’s just the two of us and we can always TTC sometime down the track however if we TTC now, then we have three people to worry about, expenses will go up and we’ll never get around to doing everything we want. People don’t realise just how expensive babies can be. You need to worry about clothing, furniture, nappies, medication, transportation like prams and baby seats, etc. It’s a huge financial hit and we’ll be able to afford everything we want to take care of now, but who knows if we could afford it when we have a child? Plus we want me to be able to take a year off for the first child so we definitely have to do the other stuff now if we are ever going to do it.

Post # 9
Member
6548 posts
Bee Keeper
  • Wedding: February 1997

For us, it was more the stress of everything related to a house and less the money. There are always things a person wants to do with a new home – painting, remodeling, changing the finish on kitchen cabinets, installing carpet or refinishing hardwood floors, etc. I cannot imagine tackling that with a baby, too. It was so much easier for us to go for the home first and have it the way we wanted it before bringing a baby into the picture.

Post # 10
Member
418 posts
Helper bee

SO and I both own properties and are not ready to start TTC, but if we were in different situations i would make sure we had a home and some money saved before TTC.  I wouldn’t want to outgrow a rental and not be able to afford to move out.

Post # 11
Member
53 posts
Worker bee

Get your house and debt sorted first IMO 🙂 Good luck!

Post # 12
Member
9095 posts
Buzzing Beekeeper
  • Wedding: December 2012

House and debt. Baby later.

Post # 13
Member
1909 posts
Buzzing bee
  • Wedding: February 2015

House first.  I would think it would be a better situation to have debt paid off and home ownership before expanding your family.  Also, it would be nice to customize everything for the baby to suit your tastes which can be a little more difficult in a rental.

Post # 15
Member
1357 posts
Bumble bee

We had a house for a few years before TTC. 

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