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On the cusp...

April 27th, 2011 at 12:17 am

So it's been a while since I've updated or written on this blog. Almost a year, I guess. DH and I are right on the cusp of a lot of big changes so I think now is a good time to jump back in.

First, I will be graduating from pharmacy school on Monday. It was a long, hard, fantastic 4 years and I wouldn't trade a second of it! Financially, I'll be leaving with student loans amounting to just over $44,000.

Second, DH and I both will be starting new jobs. DH is going back to be a flight school instructor and I was selected for a 1 year pharmacy residency position. DH will still be making 85-90K and my stipend for the year is 41K.

Next, these new jobs are no longer in Jax, but across the state. We will be there for about 3 years...and are buying an amazing house. We were supposed to close on Monday, but it was pushed back to Friday. (This time through the home buying process has been AWFUL, I'm sure I'll comment on it later). So we will be adding another $125K to our debt.

We are still keeping our current house and are renting it out to a girl I went to school with. She's signing a 1 year lease, but I hope she stays a little longer than that. If not, we have access to a decent sized pool of renters. Her rent covers all of our costs plus about $15 or $20 to save up for repairs.

This summer before my residency starts my goal is to re-evaluate our financial plan to make sure we are using our money to best meet our goals. I intend to post updates and possibilities and would love to get your input on it!

3 Responses to “On the cusp...”

  1. ThriftoRama Says:

    I;m right there with you on buying a house. It was so much worse this time around.

  2. ceejay74 Says:

    Sounds exciting! I'm going to enjoy reading about the process.

  3. Personal Finance Student Says:

    Congrats! I just came back after a year too. All of your changes are exciting! Good luck with everything!

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