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Originally Posted by LivingAlmostLarge
I thought Jim got to work from home though a lot?
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I don't work from home, just work from 1-10pm each weekday. Wife works from home from 12:30-4:30 each day.
It's not like the wife and I see each other much, except weekends. The logic behind this was that we would save money (fuel x2, less SS paid on same gross income, and wife gets to stay at home).
My current job does not exactly stimulate me- company is too big to really make any significant changes or impact on customers.
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Let say you secured the job, and bought a condo instead. A year later you you know regret your decision accepting this job (perhaps it wasn't as the job it was publicize, or due to family reason, whatever) then you live your job. What happens to the condo if you can't sell it in today's housing market? Now you're carrying to mortgage loan, can you afford it? I think the would put you in bad financial situation being a new dad. I'm not judging but simply putting my two cents.
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I know this is a risk. If I don't put much money down on the condo, my risks are low and the possible benefit is high. I would make sure it is the type of place easily rented as well.