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VickiC
Rocking the party
Member since 5/05 4937 total posts
Name: Vicki
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Re: Would you do this, or a similar arrangement in these tough times?
We did it in order to save money for a house and finance a CD for my husband. There was no way we could have saved for a house, produce a CD and pay rent, student loan bills, etc. . . we'd still be renting.
We lived with my IL's for 2 years and we had a great time. It worked out really well for all of us. I wouldn't have changed anything we did and am grateful to them for letting us live there in order to save for our house.
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Posted 3/6/09 1:58 PM |
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CrankyPants
I'm cranky
Member since 7/06 18178 total posts
Name: Mama Cranky
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Re: Would you do this, or a similar arrangement in these tough times?
I think many people that say "no" or "never" are not thinking through the alternative to a rock bottom situation.
I would not want to move in with my parents or DHs. Though I love them all, I think DH and I need to provide for our family and our own space.
We have done a lot to prepare ourselves so that we can always provide for our family-we've built up our savings, have very little debt, all the things you are supposed to do.
However, if things were rock bottom, i.e. if we lost our jobs, went through our savings, couldn't find other work, etc, selling our house and living with family to provide for the basic needs of our kids (food, shelter, clothing) is always an option and if the only means to provide that is to move in with others of course I would do that rather than live on the streets or go without these basic needs.
I would do everything I could to avoid having to depend on others, but if it came right down to it, we would make it work.
If any our parents were horrible people or criminals, druggies, etc would wouldn't but we are fortunate that we have other family and friends.
If any of our loved ones needed us to take them in because they hit hard times, we would do whatever we could.
Message edited 3/6/2009 3:37:25 PM.
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Posted 3/6/09 2:09 PM |
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Janice
Sweet Jessie Quinn
Member since 5/05 27567 total posts
Name: Janice
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Re: Would you do this, or a similar arrangement in these tough times?
Posted by Ophelia
Posted by Janice
I think you are my other twin sister.
this part sealed it for me
Posted by Janice
I will always sacrafice if the end result is worth it. I am a complete doer. I don't whine or wish, I plan, sacrafice, and do. That's why I moved home.
.
be still my heart.
I wish you were my twin. Then you would be family. I would then move into your farm house. My little buckaroo would love it.
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Posted 3/6/09 2:39 PM |
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MissingLI
Such a Big Boy!
Member since 1/06 1602 total posts
Name: C
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Re: Would you do this, or a similar arrangement in these tough times?
Absolutely. I lived with my grandparents for a few months before I got my own place after college. Sometimes I wish that I stayed longer to have been able to save more money. A few years ago when I was having trouble with my ex, I moved out of the house and in with my mom for 6 months. It was fine. Family is family and sometimes you need to rely on them for things that happen.
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Posted 3/6/09 2:59 PM |
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wannabemom
look who's freshly baked!
Member since 12/07 7364 total posts
Name: aka marriedinportjeff
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Re: Would you do this, or a similar arrangement in these tough times?
I would only to help the parents out, not to help myself out.... We would do our best to struggle on our own if it were only our own financial situation that stunk.
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Posted 3/6/09 5:06 PM |
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eroxgirl
My Loves
Member since 5/05 15697 total posts
Name: Rebecca
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Re: Would you do this, or a similar arrangement in these tough times?
It's not really an option for us..my dad lives in a studio...
My mom and I couldn't coexist peacefully under the same roof and I don't think my DH could deal either.
My inlaws... if I had no other choice I would but I don't think it would be a good arrangement as they have several kids at home and no room for 2 more adults and a toddler!
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Posted 3/6/09 5:19 PM |
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MrsD06
LIF Toddler
Member since 9/07 478 total posts
Name:
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Re: Would you do this, or a similar arrangement in these tough times?
Posted by nov04libride I said we are proud that we can afford our own home. To be honest, it just wouldn't feel the same to me to have a bigger house but know that my parents gave us the downpayment. What we have may not be much, but the fact that we earned it ourselves just is so valuable to me.
Do you consider living with your parents equals your parents giving you a downpayment or am I misunderstanding?
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Posted 3/6/09 7:22 PM |
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BaroqueMama
Chase is one!
Member since 5/05 27530 total posts
Name: me
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Re: Would you do this, or a similar arrangement in these tough times?
Guess we have no self-respect and aren't real adults because we lived with my parents for a year while saving for a house. And....GASP!....we did it when we already had a baby! We're big losers, ya know?
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Posted 3/6/09 8:31 PM |
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alisha
LIF Adult
Member since 3/07 1199 total posts
Name:
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Re: Would you do this, or a similar arrangement in these tough times?
If that's what we needed to do to make ends meet, then yes.
DH and I both get along with our families, see them virtually every weekend as is, and both lived at home until we got married.
Pride doesn't play into this - straight financials does.
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Posted 3/7/09 5:13 AM |
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mrsgafforio
LIF Adult
Member since 3/07 3929 total posts
Name: Christine
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Re: Would you do this, or a similar arrangement in these tough times?
I would move in with MY parents buts not my inlaws!!
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Posted 3/7/09 5:48 AM |
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MrsFlatbread
Skinny jeans are in my future
Member since 6/06 10258 total posts
Name: Baby Momma
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Re: Would you do this, or a similar arrangement in these tough times?
I'd rather stick forks in both my eyes
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Posted 3/7/09 7:44 AM |
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skew
LIF Adult
Member since 5/05 6794 total posts
Name:
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Re: Would you do this, or a similar arrangement in these tough times?
Posted by FrankiesGirl107
Posted by snowbunny Never.
Part of being an adult is supporting yourself.
WOW. I am going to hope that you did not mean this the way it sounds...
A quick background on DH, DD and I. We owned our own home, a 2nd floor co-op in Mid-Suffolk. In September we went on vacation to Texas. 2 days into vaction, DH ended up paralyzed below the waist. When we came back, we put the co-op on market, and DD and I stayed with my parents (DH joined us when he got out of the hospital).
DH couldn't stay at the co-op because he couldn't walk up the stairs. He's able to walk now, but we are in contract on our co-op and have been staying with my parents since this all happened. And we plan to stay there for another 6-12 months. In that time we can pay off 2-3 MAJOR debts, and save some money for a down payment...so when we buy a house, we are more able to afford it comfortably.
So as an adult, at 30 years (and DH is 33), we are living with parents. HOWEVER, to say that we don't support ourselves is totally inaccurate. WE buy DD's clothing and food, WE buy food for the house, do our own laundry, clean up our part of the house (and the common areas), take care of DD, etc.
Living with our parents is not something we ever though we would do again, nor something that we really wanted to do. And we want to have our own space again...but we're being ADULT about the situation and instead of rushing out to buy or rent something that will prevent us from ever being able to save enough and/or payoff debt, we are gratefully taking advantage of the opportunity...
I guess my point is you don't know what life will throw at you, so never say never. And please - don't make assumptions / criticisms of those who choose something you don't think you ever would.
WOW and
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Posted 3/7/09 8:07 AM |
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TheDivineMrsM
2 girls 4 me!
Member since 8/08 7878 total posts
Name: Mama mama mama....
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Re: Would you do this, or a similar arrangement in these tough times?
Posted by anonttcer
Only if ABSOLUTELY necessary. Like if we had no other choice.
Not just to cut back or save some cash. No way could I do it!
ITA. If we were completely destiute, I know they'd help us, but that's the only way I'd do it. DH's parents are out west, so that would make my daily commute to Queens a real challenge... and though I think my parents are wonderful people, I want my own seperate space.
Message edited 3/7/2009 10:50:18 AM.
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Posted 3/7/09 10:47 AM |
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