Hi there, Mrs. 1500 today. I am looking to see if you are with someone who makes a similar income as you, or is there a significant difference. I’ll tell you why in a moment.
But first, let’s see what you look for in a neighborhood. If you will recall, last week we talked about meeting our new neighbors, and one of the reasons they chose the buy on our street was because of the work being done to other houses on our street. Namely ours.
Mrs. PoP from Planting our Pennies looks for “…Older, smaller home with good bones, lots of natural light, views of nature in a nice neighborhood with no HOA that I could jog to the beach without crossing any major streets from.”
Mrs. Frugalwoods says, “We definitely wanted a house we could improve ourselves! Our current place was the lowest price per square foot for sales of habitable homes in all of Cambridge the month we bought it. We absolutely wanted something with the potential to appreciate in value–and boy has it. We also sought out an up-and-coming neighborhood, the gentrification of which has added to our home’s increase in value.”
Reader Beth writes, “A mixed neighbourhood. I like neighbourhoods with larger buildings and houses as well. I’d like to avoid areas overpopulated with students, but close enough to the colleges/universities, a bus route and walking distance of amenities so I can rent the place later on if I choose. I too would like to be in a neighbourhood that’s on the upswing.”
Mrs. SSC is looking for “…a house with good bones, that won’t need walls moved, but we are hoping to be able to do some major renovations – to turn it into our style. So, looking for outdated bathrooms, kitchens – stuff that will help us get it for a good price!
Thanks for sharing. And now let’s talk about incomes. Specifically yours vs. your significant other’s.
I read a letter to Dear Abby yesterday from a woman who is a nurse. She goes to continuing education classes and is regularly adding certifications to her resume. In short, she makes a pretty penny. She told a friend that she wouldn’t date anyone who makes less than she does. That she leads a busy life and if she has time to better herself, anyone she dates should be able to squeeze it in, too. She added that she has been used for her money in the past, and is not interested in doing that again.
Hmmm. Currently, I am a ‘real estate agent’ who has sold exactly zero houses. And before that, I was a stay-at-home mom. Zero houses sold means zero dollars in my pocket. Stay at home mom-ing pays the same. Mr. 1500 brings home the bacon, and he brings a lot of it home. Income disparity is rather large in our house. Even if I was working outside the home, it would still be quite a difference.
I remember going over to his house when we had only been dating a short time. He happened to leave his paycheck stub on the table, and I just happened to glance at it. I was quite impressed that he made $40,000 a year. (Remember, we have been married since George Washington was President…) At that time, our income disparity was about $13,000. So significant at that level, but not astonishing.
So I was telling Mr. 1500 about this letter, because I wasn’t sure how I felt about her position. On the one hand, I get not wanting to hand out your hard-earned money to pay for all the dates. But isn’t that what women ask men to do most of the time? (And I know there are women out there who go dutch, or couples who alternate who pays for dates, but I am talking about the majority of dating, which is traditionally paid for by the man. There are many women who expect it.)
I think hardworking should come into play. So should job satisfaction. Not all professions pay well. I am constantly amazed by what we ask our teachers to do, and how abysmally we compensate them for doing it. I think there are plenty of noble professions that don’t pay all that well.
So, what is the income disparity between you and your significant other? I don’t need specific numbers, but feel free to share as much as you would like.
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