Post # 1
Bees, I need a 4th, 5th, and 6th opinion regarding me going back to school or sticking to our original plan. I’m 27 recently. My job feels like just a job and there isn’t anywhere to go because my degree doesn’t apply although I am getting pay increases each year. I’ve been asking myself what success means to me and I think it’s to feel smart and doing something important. I think feeling smart to me would be having a career. I know this is different for everyone.
Original plan: Stay in current job. We buy 2-3 townhouses now and pay them off within 1.5 – 2 years. One is for us to live in and the others to rent out right away. In 3 years we buy a house and have a kid. I would quit my job to be a full time Stay-At-Home Mom and hopefully the rent from all 3 townhouses will soften the blow. At some point I would likely go back to work part time because I don’t think Stay-At-Home Mom would be fulfilling but also full time doesn’t seem needed if we only have one. The part time job would not likely make very much based on my experience. My current job is not something you find part time.
Risk: Not feeling fulfilled in life. Dealing with bad renters and having increased house expenses paying for water heaters, etc… for multiple properties. Income possibly not worth headache. Although, we could afford to be pickier about renters since they would be paid off
New plan: Continue to work at my job while going to school at night for Summer, F, W and Spring quarters for the pre-req’s to a medical job I’m interested in (complete change of profession). Then the 18 month program would start Fall of 2012 which I would have to quit my job for. This would eventually be a starting salary increase of about 16k but more importantly when we have a kid, I would be able to work part time for more money. Having a child would be put off for at least 4 years from now. We would still purchase one more expensive townhome or house now but we would buy it in a completely different area because the new area is next to a huge hospital where my husband would also work.
Risk: I don’t get in to the program 1st round since 30 people apply and only 8 get in. Everything is pushed back another year while I wait to apply a 2nd time. Then we’ve purchased a house in an otherwise not ideal location.
Which scenario would you pick?
Post # 3
Hmm, that’s tough….I think a lot of it depends on knowing yourself and what you value most. Also, where’s your husband at with all this? Not that he determines what you should do, but it might help clarify things to get his input and see how important your original plan is to him. Realistically, taking time to go back to school will affect both of you (you’ll have less income for that time and potentially less time) so I’d probably make sure you’re on the same page. If he’s supportive and you decide that this career is really what you want to do, and you guys are willing to make the sacrifices to do it, I’d say go for it 🙂
If you decide to stay in your current job, could you pursue a hobby outside of work that would make you feel more fulfilled?
Post # 4
If you really want this career, then go for it.
Personally, I hate being a landlord and can’t wait until it’s over. The renters aren’t bad at all, it’s just my internal worries about them not taking care of the home properly. I guess it’s different if you don’t have an emotional attachment to the place though.
Post # 5
I think the newplan sounds more fulfilling for the long term and your personal happiness- + your finances. I think you are in a win-win, so don’t worry.
Post # 6
Thank you all for your thoughts.
@MaybeeBecca:My husband just keeps saying over and over that it’s all about what I want. I even asked him if he likes scenario 2 better because then he doesn’t have to feel the burden of being the sole bread winner and he said it really doesn’t matter. That’s why I needed a 4th, 5th, and 6th opinion! 🙂
@MrsSaltWaterTaffy: That’s exactly what I am nervous for. Renters just never seem to care as much. I was thinking going back to school would be headache now, less headache and stress later.
@cbee: I appreciate your thoughts.
Today we went out house shopping and without saying so, it seems DH would like it if I went back to school. He’s already talking about me working at the hospital. And then came home and said “babe, I’d really like to live there”. I actually feel pretty excited about the new plan.
Post # 7
@Talishazwi: my vote is for ‘new plan’. you are still really young and the time will fly. is that the only option for a program? meaning, are there any other programs you could apply to (with that one being the ideal one)?