Post # 1
I keep going back and forth regarding a decision I have to make and I am hoping that some of you can provide input regarding what you would do if you were in my shoes. Here goes:
We recently relocated to Fl from MA and have been actively searching for employment since mid-January. I finally received an offer of employment- the office is far away, but it is a higher position than I had at my prior company and higher than anything I’ve interviewed for since coming here so I feel that it is too good of an opportunity to pass up. With that said, my commute would be an hour each on a good day (regular traffic, no rain, no accidents, etc) plus about $4 in toll charges daily. Or we can break our lease and move closer, but after speaking with our leasing director, the only way we can break the lease is to pay a penalty charge of $2700. We have 10 months left in our lease. Of course, we would also pay more in upfront costs to move in to a new complex as well as pay for a moving company. All in all, the anticipated cost of breaking our lease would be about $4000.
Therein lies my dilemma- shall we just fork up that much money in order to make my life easier for the next 10 months or so? I would save a lot of money in gas and tolls, not to mention wear and tear on my car as I will be driving about 60 miles per day. At the same time, $4000 is a lot of money especially since we’re trying to save up for a wedding!! My fiance is leaving the choice entirely up to me as he works from home so he is not affected in any way and he does not see the financial aspect of it an issue whatsoever (we have the funds, but he tends to spend more liberally than I do. We do not yet share finances). I’m so lost!!
So, bees- what would you do if you were me?
Post # 2
10 months is a short time in the grand scheme of life – I would personally suck it up for now.
Post # 3
The commute would suck but I would stay where you are because $4000 is a lot. I drive about an hour each way for my commute (which includes traffic) and though it stinks we make it work.
Post # 4
It really depends on you. Can you live with comute for 10 months? Will you live be better with not having the comute. At the end of the day it is only money. Your time and nerves maybe worth a lot more the the $4K. This is a you descion.
Post # 5
I’d suck it up for now. I’m assuming your penalty is based on how many months you have left in your lease? If so I’d try and tough it out for at least the next 5-6 months and see how it goes. Worst case scenario you can’t make it the full 10 months, you’d be paying half of what you would be if you broke now and every little bit helps.
Post # 6
I spend roughly 3-4 hours commuting a day – depending on how many idiots have caused accidents on the motorway on a given commute. It is tough – 35 miles one way to one office, and 70 to the other – but working from home two days a week helps me deal.
Also my OH works in the opposite direction so when we were flat hunting it made sense to stay near our parents as it’s kind of middling. He’s looking to join the police so if he does that or changes job, we can then reassess our location.
You’ll just need to be organised. Definitely meal plan (even better if your fi will cook whilst you’re on the way home!), set aside some time at the weekend for chores. Accept that for the first couple of weeks it will be physically and emotionally draining. If you’re a gym fan, can you find a gym near the office and leave earlier, as you should avoid some traffic (if traffic is going to be an issue)?
Post # 7
A one-hour commute each way on a good day sounds rough. I would think of the cost of breaking your lease as $2700 rather than $4000 because you’re going to have to pay the moving costs in 10 months anyway if you move closer to your work, so those shouldn’t be a factor in this decision. I would absolutely take the $2700 hit in order to save myself a 2+ hour commute every single day. Yeah, it’s a lot of money, but your sanity and mental health is worth more.
Post # 8
$4 / day for 5 workdays / week for approx. 43 work weeks is a little less than $1k in tolls.
If you’re saving tolls by moving, the true cost of moving is only $3k.
But! What is the cost of a closer place? Can you get a cheaper place? If so, you could break even or end up ahead.
Post # 9
give it a go for a while but if it gets too much I’d move. I used to commute an hour and a half each way and it was ok at first but after a while I was just tired and you end up missing so much of your evening time because you get home so late and then have to go to bed sooner because you have to be up extra early and because the driving is tiring
Post # 10
I’d suck it up. 10mos is really nothing.
Post # 12
I would pay the penalty and move. Just tolls alone for the next 10 months is $800, not to mention miles on your car and gas (and the time/frusteration). You are going to be moving in 10 months anyways, may as well do it now.
Post # 13
it’s all a matter of perspective, but 60 miles round trip doesn’t sound that bad to me. I also wouldn’t want the hassle of packing, moving, and unpacking again when I had just done it 2 months ago…especially in combination with just starting a new job.
Post # 14
My bff’s fiance commutes about an hour each way (also on a good day). He’s been doing it for about 10 months now and it’s definitely taken a toll on him but there’s just no way they’re moving closer so he deals with it. He recently purchased a hybrid electric car so he can at least drive in the carpool lane and that’s made a substantial difference. I say try it for now and if it really gets to the point where you can’t handle the commute, then you still have the option to move so it’s not like you’re stuck. But I think it’s worth saving $4000.
Post # 15
Thank you all for your input! Another factor that I forgot to mention earlier is that I am a very nervous driver. This is something that I am working on but the thought of being stuck in traffic when we get the torrential downpours Fl is known for terrifies me!!
valid points! I appreciate you pointing that out. If I look at it that way, I would actually only be losing out on probably less than $1200- I would save $800 in the next ten months if I don’t have to pay tolls plus a conservative estimate of $700 for the extra gas costs. $1200 is certainly easier to swallow!
Unfortunately, the penalty charge does not change regardless of how many months we have left on the lease 🙁