Here’s my life in a nutshell. I have moved every couple of years or so until 2005. My husband had (HAD) a great job since 2002 and we kept moving closer to work. 3.5 weeks ago he was downsized.
Well, in 2006 we started paying mortgage, not rent. We bought outright from the owners as we didn’t want a 30 year mortgage on the house. We pay the same amount as we were paying for rent, but on a 10 year note. I have 7 years left and this house is ours.
I love my house. It needs some upgrading from the 70s, but it’s a sweet 5 bed 3 bath 2 car garage ranch style. I’m in town, but still have a nice front and back yard that’s not too big or too small. Loads of cabinets and closets as well.
Now, my problem. My husband was just offered a position in Arizona. I live in Central Texas. I don’t want to move;
1 away from my house and loose it
2 away from my family
3 someplace I’ve never been and start all over.
I told him that he needs to go, but he doesn’t want to leave me alone. I told him that in this economy, you have to jump on anything that comes your way (he’s 55, by the way-I’m 43). I told him that if he goes out there and I stay here, we will always have this house as our permanent home. If he goes, I could rent out two of the bedrooms, I have a meally job as a waitress, and he could send his check here to pay bills.
I know I have it figured out finacially, but not emotionally. We’ve all been poor before, so we all know what it takes to survive. I love my hubby dearly, but I would rather love him from a distance than be together on the streets.
Am I being too pragmatic? His monetary worth to any company is about 75K, but he wants more to live in two seperate places. I don’t know what the cost of living is in Phoenix, but it’s pretty cheap where I live. All three of our children are grown and gone and having enough financial stress of their own to help us.
Ok, so my questions to you arel
1 should he take the job and move away from me?
2 should I dump the house and move with him?
3 should he keep looking for another job closer to home? (DFW area)
Also, if I take on tenants, how much should I charge? They would have a bedroom and a bath of their own plus living, dining kitchen use. I pay 00 a month just on the house and utilities. If I did take on tenants, I would only want to ask for a flat rent fee. We turned off the house phone and only have basic cable and the internet is only in our office that would be off limits to anyone, but both rooms have phone access so if they had a computer, they could access it on their own.
Am I overthinking my future? Tell me what you think. My head is spinning with "what if"s.