UrbanBaby Asks...
Do you 'enjoy' spending time with your kids?
- Yes, most of the time we really have fun together
- Sometimes it's fun, sometimes it's really dull and aggravating
- Honestly most of the time it's not fun at all, but it's not supposed to be fun
- I really don't enjoy it at all, and wish I could spend less time with them
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UB Like it's 1776!
Posted September 13, 2007(191 replies)
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UrbanBabyNewYork
how bad shape are we in? $40k liquid savings, $100k+ retirement savings, no debt aside from mortgage. I was laid off a few months ago. I had made about 30% of our HHI. We have been...(more) (17 replies) able to reduce spending and have an additional $10K in a tax refund so we won't have to go into regular savings until around June. Should I be in panic mode now? My job search has been terrible -- only 1 interview in 2 months. If we moved to the burbs, we could live without my income. Should I be looking to move now? We really don't want to move
12 replies [ Reply | Watch | MoreYou've done a great job of saving, but try not to spend your hard-earned savings because you "really don't want to move." This is a very bad point in the world economic cycle. Be as conservative as you can. Look for a place to move in June that will allow you to live without your income. If you get a job, keep your overhead spending at dh's level. Use your salary for childcare and savings. DH could lose his job, too, and you need more savings than what you have now. Take this economic cycle seriously and save money.
[ Reply | More ]Moving to a less expensive area so you can live at dh's income level creates freedom for your family. If you don't find a job, you won't deplete savings. If you do find a job, everything you earn can be saved that, in itself, will earn income. Low overhead allows for saving and a flexible lifestyle. Something to think about...
[ Reply | More ]I agree. Moving sucks, but at least it will put your mind at rest a little bit. You can use the desire to come back to the city as a motivation for finding another job.
[ Reply | More ]It's a little more complicated b/c my older child is in elementary school already, so not as easy as it would be with only little kids. And my dh really, really doesn't want to move, so I'm concerned about what it will do to my marriage (resentment).
[ Reply | More ]^^^ also, I don't think it would as easy to work if we moved b/c of the commuting factor, finding a new nanny etc. I think moving would mean deciding not to work anymore. I know that there are some families where both parents commute into the city for work, but I just don't see that working for us.
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