I am a SAHM of 2 boys, 3yrs and 6m. My DH is a teacher.
I am 100% overwhelmed with 2 kids right now, and as much as I should work I just can't right now, so please don't make me feel crappy about it
(2 in full time childcare, plus prescription formula, plus another car payment eats the pay I would make teaching.)
DH teaches and brings home 2880. We purchased our home in 2006 when I was teaching too for 149,500 at 5.99%. We owe 139k.
Electric/water/waste 200 (average)
Gas Bill 40 (average)
Car Insurance 91
Gas (car)*** 150
Food 400 (food intolerances)
Health Insurance* 287
Home Warranty 38
CC min** 120
This leaves 219 to cover everything else. It sucks. We share a vehicle, I cook from scratch, I bake bread and make our tortillas, we CD, I BF, we don't use paper towels, I make our cleaners. Seriously, I make pennies bleed.
*We are within income guidleines for CHIP for the boys, but they must be uninsured for 90 days to qualify b/c they have health insurance coverage now. I can't imagine going without the coverage for 90 days b/c it could very well bankrupt us. Our current coverage is 2500 individual ded. 6000 family ded. 80/20 split.
**this is a 4100 balance at an obscene rate. It is from my pregancy when we charged food and gas and co-pays in order to pay my cobra so I could try for a VBAC (ended in a c/s so I'm glad we had it). There are med bills on there as well from my miscarriges.
***The bus does not run to DH school b/c the HOA where the school is located will not approve it. He is on a 3day rotation and travels between schools in the middle of the day, so I can't take the car without it being a huge hassle.
DH and I need major dental work, our car needs a timing belt, has no AC(it is a 2002 with 100k) and our computer is end of life and you know, I wish I could go on a date with my DH or by him a birthday or father's day gift. It sounds silly, but we are sooo fricken house poor.
Now here is the question:
DH interviewed for a full time position (no traveling during the day) that is on the bus line only 2.5 miles from our house. If he gets this job, he wants to stay in our house. It doesn't help us financially, but it would let me use the car during the day, which would really be great. But we could still sell our house. We live in a desirable city and our house will sell for enough to leave us with at least 7000 profit after commisions.
I want to take that money and pay off our CC debt (4100) and by another car (2k) and use the rest to move (1k) We would rent a 2/2 apt for 1k a month. This would increase our 'disposable' income from 219 to around 725
when dereased utility costs are taken into consideration plus we would have 2 vehicles.
The problem is that DH is totally 100% overwhelmed by the thought of moving. I am the one that pays all of the bills and carries that weight, so I am sure that has something to do with it. We love our house, even with all of its faults. It is 1400 sq ft 3/2 12 minutes from downtown in a good neighborhood with awesome neighbors. We would have to paint, declutter the gararge, and retexture one of the bathrooms but nothing we can't do ourselves KWIM. DH could work about 6 wks during the summer, but it won't bring in enough. If we stay in this house I HAVE to go back to work full-time when DS1 starts school, that means putting DS2 in daycare, which I will hate. If we move to an apt. I can stay home until DS2 starts kindy (or work half-time). There is the argument of rent going up, but our propety taxes went up this year and we are paying $50 more each month, so eh.
If DH doesn't get the job, I think we have to move.
What would you do?