Away with the rich, to home with the poor?

[Chromeplatedbutch]

Originally Posted by ruffryder_0187

I don't have all the answers as I'm not sure of all your financial obligations. Can you take some time away now and then as you are now? Can you hire someone else to pull some of the weight so you can spend more time at home and still keep your profession and business? I think you need to look at your financial obligations and see what you can afford to do. Possibly you need to set some goals to get away from it and make plans, this may include letting some things go that wouldn't be as important as being in a relationship. You mentioned you can sell your business; Have you considered the price on it and would it allow you to still live comfortably. Just some thoughts and thinking you need to think about short and long term goals when it comes to financing, money and the relationship. Thanks for posting here. I hope people offer you some insight into your situation. Good luck.

Luckily, we dont have an extra bills that most people have. Car and truck is paid off...just the usual like a lot of people do..no credit cards..just a few payments relating to the business. I've more into it than I would get back, so I'm not sure about that right now either. We've also talked about after she recovers form her surgery the option of her working as well, and I could change it to where I could be home more without selling it, because I wouldnt have to rely strictly on my income alone.

[The_Lady_Snow]

Honestly we could give you advice till the cows come home, reality is it's something you and her have to do TOGETHER cause well... The relationship is between you and her cause it's you and her all these things will affect. Good luck

[SoNotHer]

Well you're talking about cutting your income in at least half. So do you have a nest egg or can you trim your spending by at least half without affecting the quality of your life and while still allowing for unforeseen expenses?

I think you've had a couple good suggestions to 1) see how you do survive on $750 and 2) travel together. I realize you now have a 13 year old in the house, so the second might not work or may need to be worked around.

Personally, my instinct in this economy is to hold onto what works. I don't see a lot of second chances right now, and I have friends and students who have been looking for good work for some time.

[Glenn]

Originally Posted by Chromeplatedbutch

We've also talked about after she recovers form her surgery the option of her working as well, and I could change it to where I could be home more without selling it, because I wouldnt have to rely strictly on my income alone.

This idea may be doable, but if she can't/won't find work, then I'd tell HER to find something better and move out. Congratulations on your success in your business!

[The_Lady_Snow]

Originally Posted by Chromeplatedbutch

Luckily, we dont have an extra bills that most people have. Car and truck is paid off...just the usual like a lot of people do..no credit cards..just a few payments relating to the business. I've more into it than I would get back, so I'm not sure about that right now either. We've also talked about after she recovers form her surgery the option of her working as well, and I could change it to where I could be home more without selling it, because I wouldnt have to rely strictly on my income alone.

Yanno you both could look at it this way:

You make in a week what some do in a month. You both may wanna look around at what you have and be grateful and glad you make what you do in this economy..

[SoNotHer]

What Lady Snow said :-)

[princessbelle]

My advice would be sit down and make a budget. See where it will leave you financially if you make this move.

If you can make it, i'd say go for it. If you can't, maybe save more for awhile and get a nice nest egg to live off of while you adjust and pay off as many bills as you can.

Before i went to college i made very little money and made it just fine. Now that i make more money, i still try and live modestly. All the money in the world won't make you feel secure if you have more going out than coming in.

Budget budget budget. Set your priorities on paper, the pros and the cons...including time together. See where you are at that point.

But above all, as others have said, make sure you have excellent communication. Don't let resentments grow...for either of you.


Good luck.

[Bella~Vita]

Sometimes sacrifices have to be made to secure a netful gain for ones future. I agree people are out of work, I think maybe you two should sit down and look at things realistically. It's nice to be home and all lovey dovey but in the end love doesn't pay the bills. I'm an old hag but this is my opinion ...lol.

[Waldo]

Taking into account that you live in Kentucky...

I know people living in Los Angeles with car & student loan payments who are earning around $40k (what you say you might be able to earn if you worked locally).

Of course you COULD do it. The question is likely more about whether you want to make the lifestyle adjustments necessary, no?

[BullDog]

I don't know what type of business you have to know if it's feasible, but I'm with Ruffryder, I would look to see if you could hire employees or get a business partner to reduce time spent on road if you are able to still bring in some good income doing that. Having a successful business is no easy feat and being gainfully employed in this economy isn't easy either, so I would try to hold onto the business in some form if you possibly can.

[Julie]

I have read this post over and over again and read the responses.
Honestly -
Can anyone really give you advice on this?

Unless you are willing to post your monthly expenses (including extras/food/etc). And ask one of our more financially wise members to see if it is feasible, based on $750 a week and create a budget for you -- I don't really think you can get your answers.

Only you know what your expenses are and if you can live on this.
If you know you can and you are okay with making personal sacrifices, such as those extras (eating out, etc.) again, that's so personal. You and your partner know what you're willing to give up.

I remember when I was MUCH YOUNGER and making a LARGE income (Human Resource Director). I chose to give up my career to stay home and raise babies. I did create a working environment for myself, so I could stay home by cutting my salary 2/3's *huge*. This included giving up my expensive lifestyle and completely altering my way of life. It was worth it to me - I raised my kids. And I struggled and sometimes I could barely put food on the table - but my kids always ate and had what they needed.

Not everybody can do this - not everybody is willing to give up the extras. Are you willing?

Julie

[JAGG]

Originally Posted by Chromeplatedbutch

Luckily, we dont have an extra bills that most people have. Car and truck is paid off...just the usual like a lot of people do..no credit cards..just a few payments relating to the business. I've more into it than I would get back, so I'm not sure about that right now either. We've also talked about after she recovers form her surgery the option of her working as well, and I could change it to where I could be home more without selling it, because I wouldnt have to rely strictly on my income alone.

Here is my 2 cents worth. A "partner" who is unemployed and wants me to quit my good paying job, for whatever reason, goes against my better judgement!!! If she got a job not just talked about. If she got a job started saving and showing me she really wanted me home, and would be willing to help so I could make the sacrifice, I'd do it in a heartbeat. But just talking about getting a job etc or wanting her cake and eat it too, forget it. That is a train wreck on the way to happen. My opinion.