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Xantippe
Guest
I met my husband at 22 (he was 24) and we were married after he turned 25 and I was getting closer to 23. Because we’d both finished high school and college early, at that point I had my undergraduate degree, had lived and worked abroad two years, and was nearly one year into my MA and my husband was nearly half-way into his second graduate degree. Our first baby was born four years later, about a year into my husband’s first job, so we’d had a long (albeit economically poor) honeymoon as graduate students. (I’d also previously had sole responsibility for cooking and laundry for my family of origin when I was 15 and my mom had cancer.) I’m 39 now and we’ve had three kids (when I was 27, 29 and 37).
A few issues come to mind:
A few issues come to mind:
- The couple has to be ready for an instant baby. (We didn’t have one, but a lot of people, especially CAFers, do.)
- Adjusting to joint housekeeping can take a while.
- Not having money makes everything harder, not so much for childless newlyweds, but definitely for new parents. When you have money, you can “buy” rest and leisure. You also don’t make such compromises as buying the store brand diapers that blow up much more often than name brand diapers do, which cuts down a lot on unnecessary work. Or when it all gets to be too much, you can hire cleaning help or order a pizza or send the toddler to parents’ day out. If you don’t have any money, those solutions won’t be within reach.
- As I’ve gotten older, I’ve gotten more and more concerned about the model of “marry college girlfriend or boyfriend upon graduation,” which continues to be popular in our area. I’m sure it works out for some people, but I wouldn’t recommend it if one hadn’t had a good chance to observe how the person copes with housekeeping in an apartment. Also, a poor work ethic, bad money management, or an inability to get anywhere before 10 AM may be invisible in the college setting. I think marrying straight out of the dorms or out of the parental home is potentially a formula for disaster, although I know a lot of people do it. I think marrying in grad school is just fine.
- Shared views on personal finance are really important and I often recommend doing a personal finance course together, for instance Dave Ramsey’s 9 week Financial Peace University class. It took an embarrassingly long time (8 or 9 years) for my husband and me to realize that we needed a financial plan and we needed to be more organized. Early on, we had very minimal graduate incomes, and my financial plan was, we’ll make more money later! Fast forward 8 years and two kids later to an income literally 3X as much as when we were graduate students together, and it’s starting to dawn on me that if we don’t have a monthly budget and sacrifice deeply, we will never get out of debt and we will never own a home of our own–a downpayment does not magically appear. We started doing the Dave Ramsey Baby Steps 7+ years ago and have paid off all of our revolving debt, created an emergency fund, and bought a house with a substantial downpayment.