Part One ~ The Awakening
It’s not the most comforting feeling to wake up one day and realize that everything you have been working towards is light years away from where your true joy lies. But it happens. And it happened to me about seven years ago. I wanted a second child. I wanted to purchase another home. I wanted to climb the ladder. I wanted all of the things that I had been told would make me “successful”. And I was getting them! But the more those goals were realized, the less fulfilled I felt.
I started to do the math. An average house in Los Angeles is over $400,000. With a 30 year loan that is $2,000+ a month on the mortgage alone. That’s not including insurance, property taxes, and all of the other lovely expenses that come with being a homeowner.
And then there is upkeep. Not only would I have a huge pile of bills chipping away at my bank account and more importantly, my entertainment fund, but who will take care of the house? Surely with a $2,000+ mortgage I won’t have much left over for a housekeeper or gardener. Then who? Ding, ding, ding! Me, that’s who!
In comes that sinking feeling in my stomach when I imagine of having all those bills and working for pretty much the rest of my life to pay them. So, let me get this straight…I’m supposed to bust my ass 40+ hours a week working to pay for a home that I will likely be paying off the rest of my life and spending all of my free time cleaning and gardening? Where is the real benefit over renting if I won’t own the house outright until I’m over 60? Where is the light at the end of the tunnel? Where does the joy of retirement come in? Social Security is certainly not going to cover bills of this magnitude.
This image of my future not only didn’t appeal to me but quite frankly scared the crap out of me. It all felt SO WRONG. Thanks for the offer, but I think I’ll pass on your “success”. So, now what?
By Jessica Caviness