View Single Post
  #17 (permalink)  
Old 04-30-2008, 07:30 PM
snafu snafu is offline
$ Saving Jr. High Schooler
 
Join Date: Nov 2006
Posts: 78

Points: 420.00
Donate
Default

Have you seen Maria Schriver/ Schwarzenegger's new book on self discovery? Add your name to the waiting list at the local library.

Since your employment is going to change & he continues to make mortgage payments [call ea. month to make sure he is not in arrears] it would be helpful to have the house equity help you rather than be an albatross. I suggest you give up a level of privacy in exchange for a combination of $$ and company by renting rooms to college students/visitng profs if there is a community college/university in the area.

Alternately, 'house-share' with professionals in your area. This doesn't preclude your kids from being home in the summer, 'think outside the box' and switch room useage.

2nd sign up for a course in financial planning at your local community college. Getting unbiased information on options in uncertain times will be helpful. There are serious, long term, economic contractions to face down. Keep in mind as your house value decreases, those decreases are also in the area you re-locate.
Reply With Quote