This week has been interesting and very pertinent for what is happing in my life. To give a little background my wife and I have been chugging along getting rid of some debt we have built up together, nothing crazy but enough that we both sat down and wanted to get serious about paying it off so we wouldn’t have to worry about it anymore. While things have been going really good and we had made some good strides in paying off our debt my in-laws have asked to come over and have a talk with us. Right away I felt a good feeling like it was something we needed to do. They came over and told us how they have decided to serve a mission in the coming months and they would like us move from our home and live in their house till they come home, we would also be watching their son that has autism. We thought about the decision for a day but it was a total win for everyone involved. We could sell/rent our home and eliminate that remaining debt in a matter of a few months, I could finish my schooling at a faster rate, we would build a stronger connection with my brother in law (him and I get along really well), and they could fulfill their calling and go on a mission.
As I read this week, all about relationships with families and finances I thought about the blessing it is that we have this opportunity. We have built these incredible relationships with both sides of our family and we have also been able to maintain our relationship and build our own marital identity. As things will be changing and we are are essentially moving in with my brother in-law we know there will be challenges but something that we look forward too and hope that we can maintain a healthy balance.
As we go forward with our financial future we have been able to not go any further into debt for about 6 months now and have slowly been paying off debt and loans. Essentially with this option we have in front of us we can hit the financial reset button. We consider ourselves incredibly lucky to have this option because many do not. Now that my wife and I have managed to build new habits that avoid things like debt or over spending we know going forward it will only help our overall financial outcome. I will also be able to finish most if not all of my schooling while we stay in her parents home. This will allow me to make more money in the future.
As I was reading about Poduskas “till debt do us part” I thought about the changes a family goes through as they first get married, have their first child, more children, and into retirement age. As these life changes happen, so do the finances within them. Anyone worried about these life changes and the finances involved with it should review his articles.
