Home > Closing Date. Survived Paycheck to Paycheck Living.

Closing Date. Survived Paycheck to Paycheck Living.

March 21st, 2021 at 05:04 pm

We are set to close on the sale of our previous primary residence this Wednesday.  We are signing the papers and giving them to our attorney today, so no need for us to show up.

We have settled nicely into our new townhome that we downsized to. We did a major declutter and purge and pared down our possessions.  We have made some changes to the family room in the basement which is now a man cave where our 18 and 16 years olds sleep (still need some functional furniture, and can now finally afford it).

I have reworked the budget and without this mortgage monkey off of our backs, we will be able to save 50% of SO's takehome pay.  I'm subbing part-time, so anything I make is extraneous.  

Reminder: we liquidated all of our assets, borrowed our children's money and paid cash for the townhome.  We are paying everyone back in full with additional "appreciation funds" for them to spend or save.

I had perseverated about funding a trip to Miami earlier in the month, but SO ended up with an unexpected bonus that funded the trip.  My older daughter just signed with a modeling agency in Cape Town, South Africa, and I'll be able to afford to visit her.  My younger daughter has opted to finish her second semester remotely, so she and her sister will be driving to California to spend April to June at the condo. I found one-way air there for $23 from Chicago to LAX. So I'm joining them.  

Just so thankful that we're finally on the brink of a brighter money future!

2 Responses to “Closing Date. Survived Paycheck to Paycheck Living.”

  1. LivingAlmostLarge Says:

    Is the condo in CA something you plan on retiring too? You own that and the townhouse? Good move to downsize. Congratulations on the sale since I read about it falling through a couple of times.

  2. rob62521 Says:

    I'm glad things have worked out for you and you could get this sold and no longer have to live paycheck to paycheck.

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