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Carving Out A Life

We Were So Poor…

House For Sale, Needs TLC
House For Sale, Needs TLC

Most people have a tough climb, to earn what they have and where they are in life.

Some mountains are financial, some health, some career, some education. And some people climb them all. Some don’t climb any.

It’s just the way things work.

We were so poor is a June 26 post that posed the question, “How poor were you?”

We were so poor when we moved to Florida 27 years ago:

  • We only had one car
  • Daily, I bicycled 36 miles roundtrip to work
  • Granted an extra low mortgage rate for our $47,000 home

By jeff noel

Retired Disney Institute Keynote Speaker and Prolific Blogger. Five daily, differently-themed personal blogs (about life's 5 big choices) on five different sites.

6 replies on “We Were So Poor…”

For what it’s worth, I feel your pain.

We have one working car, for which we paid $500. The car that we paid $1000, a few years ago, will be towed away today. It’s been sitting dead in the driveway for 9 months.
It helps that Meg stays home with the kids, during the day. But that also means that all errands have to be run in the evening. Or, she has to drive me to work in the morning, which is an hour, round-trip.

We were given a low interest rate, at the time, for our home – including no down payment. The loan was special for young people moving into questionable areas. We had intended to move before any kids came along. Yeah, that didn’t happen.
Now, the neighborhood’s gotten worse and we’re getting out. Unfortunately, that means we’ll take a $30K+ loss. It’ll be worth it to give our kids a safe childhood, one free of second-hand weed smoke and cursing from those walking by…
Hindsight’s 20-20, right?

Second-hand weed smoke and cursing. Sounds like a college get-together.

But as a Parent, it’s something we need to run from.

I admire your courage, and respect your struggle, because I’ve been there myself.

What you have going for you is the same thing I did (and still do).

A will to become a better person.

Craig,

You will look back on this one day and breathe a sigh of relief. Maybe it will take a while but you will be able to see what you gained by the move and the sacrifice rather than the 30K+ loss.

There are many of us out here that are pulling for you! We may not be able to send financial support, but know that we are shouting “Go Craig!” as loud as we can!

You guys are awesome! Thank you! 🙂

So yeah, definitely not trying to steal the spotlight.

But it’s good to get the story out there. I need the practice as well. It’s the neighborhood and crime that will be the convincing factors for the bank to allow us to do the short sale. And I have to relay that in a fashion
In fact, the house isn’t a terrible financial burden. We pay less for our mortgage than most do on rent. There’s probably a good chance that, if I don’t get this new job soon, we may be even tighter, financially, once we sell the house and rent a place.
Truthfully, I’m more excited than anything. It will truly be getting a monkey off of our back. The only real damage this SHOULD do is to our Credit Rating. And I’m so not worried about that. We pay for cars in cash and intend to rent for the next few years.

@Jeff – I’d feel much differently about it if we were in a college neighborhood. At least you could chalk that up to college kid stupidity. Here, it’s adults. Unfortunately, it’s the kind of place where stereotypes are validated. It has effects on my mind-set, and I want to get away from that too. It does force one to be stronger, but it also influences a certain cynicism.

Glad you are excited to get a monkey off your back. Perspective is a great motivator and stress reducer. Lack of it, the opposite.

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