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Moving to parents WITH a baby?
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I was in the same situation last year. In te end I compromised we had Xmas at home and moved in Feb stayed for 3 months. It was hard! Didn't help it was 65 miles fom my home town and not my parents BUT it will be worth it in the end and her parents are bing v generous. In the long term debt free you will gve your baby a much better start and at 6 months they won't notice a thing you will be debt free by the time the fun starts
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Move in, clear the debts and save up for a deposit.0
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living with the in laws great in house baby sitters,worked for us for 12 months0
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My tuppence worth - would NOT move in with the in-laws, not a chance, never. And they are lovely people but I just know it would be a nightmare. I lived with my mum for a year while divorcing and had a little one and even with good will on both sides it was difficult.
In your situation I would discuss fully with your wife and Id be leaning towards her working part time as I can understand why she wouldnt want to work full time.Light Bulb Moment - 11th Nov 2004 - Debt Free Day - 25th Mar 2011 :j0 -
Its a good opportunity to clear your debts quite quickly but if it were me I couldnt do it. Not unless my in laws had a huge home with a seperate annex or something. I would feel worried about the baby waking them. Akward about paying for bills / food or doing the cooking or cleaning etc etc. I just wouldnt feel relaxed. So for me I would rather maintain my independance and pay the debt slower. It really depend on your relationship.
Re your wife going back to work full time. I had to do that ( had no choice money wise) and it was the worst time of my life. I felt guilty and missed my baby so much. I got depressed and fat and my relationship with my husand suffered. Thankfully it was temporary and now I have a good work life balance! No good having extra money if the whole family is miserable. Perhaps she could do part time so there is some money coming in ?
Good luck.0
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