The ultimate incentive proposed! Buying a house, a wedding, and staying debt free.

clearmydebts

Dinah93 wrote: »

We're not exactly looking at mansions! We're talking the difference between a 3 bed semi in the middle of town, or one in the country where we want to be. My employer gives me 90% pay for 9 months after giving birth and the option of another 3 months unpaid, which would be fine. Once NIM has some more experience he should be on £30-£35k realistically looking at jobs in his sector, which is a collossal pay increase. We're planning on me childminding if we don't get anywhere with the desserts business or my painting, but there are always options.

NIM would not buy a flat, and he would not be happy his family living in a dodgy area so neither of those are possible compromises, we'd rather rent or stay with my parents until we have a larger deposit. He's a very hard worker and determined, and there are plenty of options available to us depending on where life takes us.

I don't consider £800 a lot of money to be honest, it's under 1/3 of our after tax pay, and given the average FTBs mortgage is 48.7%, I think we're being fairly realistic in what we are looking for.

Well it sounds like you have it well thought through and get excellent maternity benefit. Will you stay in the job you are to take advantage of the good maternity?

I totally agree with not living in a dodgy area and can understand his reluctance to not buy a flat, as most people in Ireland grew up in houses, so it is quite alien to us, whereas when I lived in Edinburgh a lot of my colleagues had been brought up in tenements.

clearmydebts

Flower08 wrote: »

I would never have to think about things like that,because by that time i would have won the jackpot on the lottery :rotfl::rotfl:





Well i can dream!

Ha ha! That made me laugh!!! I am a bit of a dreamer myself :rotfl:

Flower08

Dinah93 wrote: »

, but there are always options.

NIM would not buy a flat, .

Completely understand. If having children was an immediate plan i wouldnt buy a flat either - not very practical!

clearmydebts

Dinah93 wrote: »

I couldn't stay at home until NIM was promoted and qualified. We couldn't buy anywhere at all if we were budgetting to live off his wage, we could if it was mine. I accept until he is qualified I can't stay home and look after any kids, but we're running out of time and I would rather make that sacrifice than not be able to have little ones at all.

Maybe NIM could be a house husband! Lol!

Only joking NIM I know it takes a while to build up a career in a new country. You will get there in the end though. Hard work and determination always pays off

I agree - I don't think there is ever a right time to have children. A friend of mine said. 'I'm not letting a recession stop me from having a baby' and I think she was dead right.

Flower08

clearmydebts wrote: »

Maybe NIM could be a house husband! Lol!

I think that would be my OHs dream :rotfl: although not sure he would actually keep the house clean and tidy lol

Dinah93

clearmydebts wrote: »

Well it sounds like you have it well thought through and get excellent maternity benefit. Will you stay in the job you are to take advantage of the good maternity?

I totally agree with not living in a dodgy area and can understand his reluctance to not buy a flat, as most people in Ireland grew up in houses, so it is quite alien to us, whereas when I lived in Edinburgh a lot of my colleagues had been brought up in tenements.

Yep, I might hate the job but I would certainly stay working for this or another council provided it had the same terms until at least the first one is out of the way. To get the 90% for 9 motnhs you do have to go back to work for a minimum of 3 months, but 12 weeks is an acceptable compromise to me, especially since I can apply to be part time.

I've lived in a flat, and really liked it, low heating bills, amazing view, nice balcony for breakfast, and a central location. But with a kid it would be a nightmare, the lift never worked, it was 5 floors up, there was no storage at all (literally, hoover lived in the wardrobe when anyone can over!), there was nowhere to dry washing and nowhere to have a condenser, great for a young single, awful for a young family.

Dinah93

clearmydebts wrote: »

Maybe NIM could be a house husband! Lol!

He's far too traditional, NIM relishes being a real provider and taking care of his family. I don't think either of us could cope with me working and him staying home. End of the day if we can't afford for me to stay home I'll childmind, its not the end of the world!

Does anyone know how you make prints of paintings? Lots of people on etsy sell prints, but how do you make them?!

Flower08

Dinah93 wrote: »

I've lived in a flat, and really liked it, low heating bills, amazing view, nice balcony for breakfast, and a central location. But with a kid it would be a nightmare,

We have friends who have got a 4 month old baby, it wasnt planned and they had only been together for 3 months when she found out she was pregnant. Instead of committing to buying they decided to rent but could only afford a flat. Its in a new build but its on the top floor and the lift is ALWAYS broken, think the last time they fixed it was over a month ago. Poor girl cant take the baby out when OH is at work, theres no where to store the pram or all the other bits and bobs for the baby. Feel really sorry for her as she hates it there, but they just cant afford the rent on a house.

clearmydebts

Dinah93 wrote: »

He's far too traditional, NIM relishes being a real provider and taking care of his family. I don't think either of us could cope with me working and him staying home. End of the day if we can't afford for me to stay home I'll childmind, its not the end of the world!
QUOTE]

It's funny. I never knew how traditional my OH was until he got the job last week. He was so chuffed at the thoughts that he would be able to provide for myself and the baby. He told me he was really worried about getting a job.

clearmydebts

Flower08 wrote: »

We have friends who have got a 4 month old baby, it wasnt planned and they had only been together for 3 months when she found out she was pregnant. Instead of committing to buying they decided to rent but could only afford a flat. Its in a new build but its on the top floor and the lift is ALWAYS broken, think the last time they fixed it was over a month ago. Poor girl cant take the baby out when OH is at work, theres no where to store the pram or all the other bits and bobs for the baby. Feel really sorry for her as she hates it there, but they just cant afford the rent on a house.

Sounds terrible. It must be horrible to be in that situation