Where Am I Headed This Summer?

by mapgirl on July 13, 2009

Life has been crazy in 2009. But in mostly good ways.

1. My boyfriend asked me to move in.
2. My car was telling me how old she is and I started to consider my options.
3. I got two performance bonuses and a raise on the way.
4. I fixed up and rented out my condo.
5. My pop turned 70 and we did an unexpected trip to CA for a birthday party.

Now there is still more craziness ahead this summer.

My boyfriend and I are finally sick of the neighbors and their externalities so we’re looking to rent another house in the area. I think we’ve found one and I hope we can move there on August 1st. That will be iffy since the place is a mess and the landlord needs to do a lot of work to get it ready.

I also really want to buy a new car. But I also want to get out of credit card debt. To buy a new car in cash, I would have to save about $35K for the car that lights my heart afire, which would take about 2-3 years. I also realize for that kind of money, I could have a down payment on another property. Nothing to sneeze at so I need to rethink my long-term life strategy and being a multiple-property owner.

Right now it’s still unclear what will happen with the potential rental. If we don’t get it, we may tough it out with the crazy people next door for another year. If so, I should be able to squirrel away a good chunk of money. If we do move, I should still be able to pay off all my credit cards and squirrel away a bit of cash, but a more modest amount.

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{ 2 comments… read them below or add one }

Revanche July 13, 2009 at 6:58 pm

Hmm … I would have expected cash flow to improve this year between the raises and the moving in. Hope your car holds out long enough for you to build up a decent cash stash and pay down some of that debt.

mapgirl July 14, 2009 at 8:55 am

Revanche – I spent a lot of cash renovating my condo for renting, so all my bonus and raise money is gone. :-)

But the car should last me a while. It’s in good shape for its age. As long as I don’t need something really huge soon, I should be alright.

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