- 7 years ago
- Wedding: June 2008
Alright, it’s kind of a long story, but I need some input.
When my hubby and I got married, we were both working, and rented the lower level of someone’s home that was $650/mo including utilities and a garage space. The kitchen in it was extremely small with no space to cook or prepare meals which was our main issue with the place. So when our year lease came to an end, our landlord said she was raising rent to $700/mo. With a kitchen like that, sharing laundry etc, it was not worth the price and we told her that we can’t pay more than $650, but she said she was raising it anyway. So we began looking for a home to buy, but couldn’t find anything. Our amazing realtor worked out a deal with a homeowner to let us rent their home that was on the market for over a year but not selling, as a temp. solution until we found our own place.
They only charge us $650 for a 1500 sq ft townhome in the city we want to live in, and we just pay utilities.
Then I we decided to start a family, so I quit my job to help prepare us for living off one income. My husband just started work in the education field, so his starting pay wasn’t the best, but it should be enough.
It’s been A LOT harder than we had anticipated, and tho I PT nanny that brings in only about an additional $100/wk.
We have to get out of this temp. home anyway because it’s being foreclosed on. We don’t like it enough to buy it, but we’ve been losing money since I quit my job. Now I’m actually pregnant, so getting a job would be pointless. Our problem is that now we can’t afford the closing costs of a house because of our financial struggles, so we’re stuck. Unless we can find something much cheaper so we can pay of a few credit cards/debt, we’re not going to get better.
The only thing cheaper than $650/mo where we live would be just renting a room and sharing a kitchen/laundry with another family. It’s not ideal, but I thought maybe just for a few months to save some money/pay off debt it might help, til we could afford our own home. I feel pressured with a baby coming in March, but I don’t know what else to do! My parents house is too small for us.
Would it be worth it to share living space with someone else? Has another couple ever done this? What did you think?
Advice would be sooo strongly appreciated! thanks bees