Money money money

It’s amazing how much money it takes to embark on a career that will keep me more or less poor for the rest of my days. Recent estimate of how much it will run to do school in Newport for almost 2 years: $55,000.

Many routes to take here.
-Sell the house, pay off all debt, but lose the one excellent investment I own (it’s been appreciating about $15k / year. Put my shop and everything I own in storage.
-Keep the house, rent it to cover mortgage, deal with the hassle of being an absentee landlord, refinance to get school money out of the equity. Keep the shop and store posessions in the attic.
-Combine both plans: keep the house for a year and then sell it.
-Procrastinate until the last minute and then panic for days.

Leave a Reply