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Downsizing to be MF

It's been a while since I posted on MSE :)

Since then, my life's had a bit of a change. I've realised that my stressful job will never change & that if it won't, then I need to.


When I last posted, we were in the middle of a huge extension & renovation project. The house, what we thought was to be our perfect forever home, has been finished just over a year now. It was a real struggle to get this house of our dreams - had a difficult house to sell, move to a temporary rental, then living through one of the coldest winters we've had here whilst only having 3 walls to the building.


Roll on a year or so, passing the big four-oh a couple of years back in the process, and I've realised that my job will never change & I'll be stuck in the same old grinding routine as I have always been. I was lucky enough to have a fantastic year in 2012 in as much as my line managers were on maternity leave so I got to do all the sort of things my grade never normally does. It was great, I felt empowered & constructive. Line managers returned, and I'm being pushed back into my old routine - my company are very hierarchical - if you don't have a PhD, you've not got a brain.


So, cue mid-life crisis & handing in my resignation last week. I think I've been crying since. I've been supported throughout by my wonderful husband, but I can't help thinking I'm letting him down


We're lucky enough to be in a position that we can drastically reduce the mortgage debt by downsizing and moving to the coast (mid to coastal sussex), but we'll still have a small mortgage & I still want to contribute


So, I'm going to start off a diary here (if no one minds?) to come up with ideas on what I can do to help shift the last of the mortgage debt & show that, whilst I may have walked away from my career, I can find my own path :)




Any suggestions, tips, ideas, comments - feel free to post !
"Science is a wonderful thing if one does not have to earn one's living at it" Einstein 1951
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Comments

  • MallyGirl
    MallyGirl Posts: 7,510 Senior Ambassador
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    WOW
    Nothing constructive to offer at the moment apart from saying that both times I have left my job it has led to better things in the end. Good luck
    I’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
    & Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
  • Grimbal
    Grimbal Posts: 2,334 Forumite
    Part of the Furniture Combo Breaker
    MallyGirl wrote: »
    WOW
    both times I have left my job it has led to better things in the end. Good luck

    At the moment that's exactly what I need to hear ! I'm feeling very lost & alone & a general failure, so knowing that others have been where I am & have come out the other side to better things gives me hope :)
    "Science is a wonderful thing if one does not have to earn one's living at it" Einstein 1951
  • lvm
    lvm Posts: 1,544 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I soooo wish I was as brave as you!

    I'm in a dead end job with no prospects but unfortunately need the salary for future ambitions I have.

    You're in a great position to be able to do this and I'm sure you'll not regret it!

    Good luck for the uncertain months ahead!
  • newgirly
    newgirly Posts: 9,527 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Hi grimbal your name seems familiar, I may have read some of your last diary :)

    You have been so brave, and it must seem like a shock at the moment,but it sounds like it is the best thing for you. There is no point in having the dream home if you are miserable stuck In a job you hate to pay for it.

    Best of luck with the new diary, I will try and keep am eye out for it :D
    MFW 67 - Finally mortgage free! 💙😁
  • pixiedust09
    pixiedust09 Posts: 270 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Well done you, I've been there and I know how scary it can be, but things will get better, I changed my job, now working with children, a lot poorer but nowhere near as stressed. Good luck with your new diary.:)
    MFW 142- Oct 1999 £55,0000, Jul 2013 £27,593.17 Oct 2013 £26,531, Dec 2014 £22,600, Dec 2015 £20,190, Jan 2016 £19,944.19 Mar 2017 £16,944.76 Decluttered 207/2018
    Smile it confuses people :)
  • LisaLou1982
    LisaLou1982 Posts: 1,264 Forumite
    Chutzpah Haggler
    Well done and chin up Grimble!!

    You can do it!! Change is always hard but inevitably it always ends up with something better happening from it :)

    Im unable to go back to my old job through an injury i sustained in 2011 and got made redundant last year. Im looking at starting work again now which is hard as the pay cut is looking awful, and it will be a whole new career but maybe this was just the way things were meant to be?!

    A whole new chapter and its all yours to write! :)
    £2 Savers Club #156! :)
    Looking for holiday ideas for 2016. Currently, Isle of Skye in March, Riga in May, Crete in June and Lake District in October. August cruise cancelled, but Baby due September 2016! :j
  • Grimbal
    Grimbal Posts: 2,334 Forumite
    Part of the Furniture Combo Breaker
    wow, thanks everyone ! It's so lovely to have so much support :)

    My mother in law came around on Sunday & I thought that she was going to be worried/concerned/angry with me for effectively becoming a dependent of her son. She was instead, much to my surprise (& this is a reflection on me not her as she has always been a wonderfully supportive person) very much in favour of me taking a step back from a job that was grinding me down & getting some "head space" to work out what it wa I actually want to do with my life.


    I had a chat with the head of my Unit (nearest comparison would be a director) yesterday & he was shocked. I've always been a good worker, very competent and efficient, so he assumed that I was pottering along very happily. We had a good discussion (with me only getting a little teary!) about how I didn't see myself being happy if I was doing what I was doing in 20 years' time, and that given there was no role for me to "side-step" to, I could see no future for me where I am.


    He said very complimentary things about my work & ability, and agreed that he also could see no role for me to work towards within our particular business unit. He did suggest looking at/ chatting to another business unit, but if I'm being honest, I don't think that it's a goer.


    In a way, I've mentally committed to leaving & downshifting the house & my life. My health isn't the greatest & I suspect that a pension plan will be the least of my worries, so I've decided that I have to start to enjoy the present rather than plan so much for the future. This mid life crisis that I appear to be going through has really opened my eyes to the view that life is a journey to be enjoyed, not just steps to be taken to secure a comfortable last few years.


    All that being said, it's not that we'll be destitute if I even make it as far as needing help in my twilight years. I'm more than aware that we're in a very fortunate situation. I'm 41, hubby is 39 & we'll have paid off a fairly comfortable if run-of-the-mill house (or the majority of it) when we move. We don't have dependents (apart from 3 continually ravenous cats), so it'll only be us two to make a secure future for.


    I'm actually feeling more positive about this than I have been over the last few days. I'll leave you with a very well known quote by Abraham Lincoln:


    "Live a good life. In the end it is not the years in a life, but the life in the years.”
    "Science is a wonderful thing if one does not have to earn one's living at it" Einstein 1951
  • Hi Grimbal, I don't read failure in your words. I see a very strong person who is taking control of their life.

    Yep, it comes with risks, but you are the opposite of a failure :)

    You will have time to explore and create a new chapter, or possibly a new book

    Best wishes Tilly x
    2004 £387k 29 years - MF March 2033:eek:
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15 :j
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    down sizing your house to even a nice flat,does mean you can go to nice restaurant,cafe,short break,and whack central heating full on during the winter.
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • Grimbal
    Grimbal Posts: 2,334 Forumite
    Part of the Furniture Combo Breaker
    yup, I think that I'm finally starting to "get" the whole quality of life vs quality of possessions thing.

    I fell over this morning coming down the stairs & twisted my ankle & am convinced the house knows we're selling up & is out to get me :) As I'm not able to get into work, I've been constructive (in a sedentary way!) & called up & booked in 3 estate agents to come & value the house this Saturday.

    First step on the road to downsizing the house, my stresses & my mortgage !
    "Science is a wonderful thing if one does not have to earn one's living at it" Einstein 1951
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