August 2013 Ryan and I decided it was time. Time to rent out our worthless condo and move back in with my parents to save money for a house. NOT what I thought would be happening when I was 32 and just found out we were pregnant with our first child. My sister and her fiancé had also recently decided that this was going to be a good idea for them as well as they were renting a crazy expensive apartment and her fiancé had decided it was time to go back to school before they get married this summer. So this means that my parents and their dog, Ryan, our cat and I, my sister and her fiancé and their new puppy were about to be roommates! So how exactly is this going to work? Well it's been about 5 months and these are my tips for moving back in with your parents.
1. Look at your life, look at your choices
No but for real, why are you in this situation? Are there things you need to work on or change to prevent living with your parents forever? My answer is yes. One of the reasons we are here is that the housing market bottomed out right after we bought our condo. So the condo we bought for 135K was now worth 35K. So why not just foreclose? Well pride mainly, I keep thinking we can rent it and eventually pay the mortgage off and be real estate tycoons! Or you know just break even at some point. We also don't want to take a hit to our credit, which we've worked really hard to make excellent. But, it's not all just the real estate markets fault, we also weren't really good at saving our money. It came in and it went out. We are really committed now to saving and paying off our debt (minus the condo mortgage) before buying a new house. Who knew you could walk into Target and NOT buy stuff you don't need? Baby steps!
2. Feel sorry for yourself
It's o.k. to be pissed off that life isn't always easy and lands you in situations you wouldn't prefer to be in. Cry, throw stuff around, and eat cookies.
3. Stop feeling sorry for yourself
Pull yourself together and grow up. Make sure that you don't wallow in self-pity and stop comparing yourself to everyone else who has a nice white picket fence and their own bathroom. You'll get there!
4. Make your own dinner
Trust me, don't make your mom cook and clean like she may have done when you were little. It will save a lot of headaches and maybe you won't end up screaming at each other about soup. Just saying...
5. Get out of the house
Used to laying around sans pants on a Saturday watching Real Housewives? Put some pants on and go outside, really the fresh air will do you wonders. The more time you spend out of the house the less it will seem like you actually "live" with your parents.
6. Have an exit strategy
Make sure that you are planning and working towards your escape! A hard deadline might not be feasible but at least know what it will take to get out and back on your own. How much do you need to save? What debt needs to be paid off? Where will you be going? Make sure you have answers to these questions and work each day to reach these goals.
I'm thankful everyday that my parents were gracious enough to let us back into their house to try to dig out of our situation. I realize that not everyone is as lucky as we are or have the support system that we have, even though there are times that I just want to run screaming from the house and live in a tent on the corner.