- Joined
- Jul 19, 2011
- Messages
- 34
- Reaction score
- 0
I'm nontraditional - to say the least (early 30s,married, have a 1 year old). I have been accepted into an excellent medical school in a low cost of living city. But I'm leaving a stable and relatively lucrative career to move forward with this dream. We also own two properties (one in the city that we will live in for school, and another that we'll rent out - which should help us actually earn a little income). I have enough saved up for 6 months of mortgage for each property and 6 months of childcare - but NOTHING else. My husband has a pretty good job. We have no debt otherwise. I have probably 200K total in retirement savings. That will end for the next several years.
But 280K (not even considering interest) in debt. So more like 350 to 400K for school?
We want to have another child in the next few years. How the heck....? Should I take a year off?
I'm crazy aren't I? I love the people I work with . But I hate what I actually do. I want to LOVE what I do.
Do I take out the full amount of loans that have been offered? I'm concerned that I may need funds for emergency situations. Also. We haven't been on a vacation in about 5 years. We need to do something to reconnect. Even just a weekend away.
I'm freaking out. I know. Please someone. Tell me it will be okay.
But 280K (not even considering interest) in debt. So more like 350 to 400K for school?
We want to have another child in the next few years. How the heck....? Should I take a year off?
I'm crazy aren't I? I love the people I work with . But I hate what I actually do. I want to LOVE what I do.
Do I take out the full amount of loans that have been offered? I'm concerned that I may need funds for emergency situations. Also. We haven't been on a vacation in about 5 years. We need to do something to reconnect. Even just a weekend away.
I'm freaking out. I know. Please someone. Tell me it will be okay.