Finances In Pictures
Here is the short version (in pictures) of why we're dumping the Devil Queen after this torrid romance of ours.
First, our finances before the Devil Queen:
While not exactly a lush jungle of vegetation, there are signs of life in the landscape. In the year leading up to the Devil Queen, I'd started a new, better-paying job, we'd refinanced our starter house, and were on our way to paying off all our debits. We'd invested in some land and started a retirement fund. Things were looking good.
And, here is how our finances are now:
No obvious signs of life. Just despair and the rats who gnaw upon it.
Here is a figure to consider. Admittedly, this is an approximation, but over the years we've spent an average of $3,750 a month on this house. And, we weren't working on it for the entire time we've had it. We burned through over $30,000 just getting it moved and set up on the mountain. I can't remember the exact time scale, but there was a $20,000 week in there somewhere.
Anyhow, a more detailed explanation of our decision soon will follow if you have the stomach for it.
Really though, what the fuck were we thinking?
First, our finances before the Devil Queen:
While not exactly a lush jungle of vegetation, there are signs of life in the landscape. In the year leading up to the Devil Queen, I'd started a new, better-paying job, we'd refinanced our starter house, and were on our way to paying off all our debits. We'd invested in some land and started a retirement fund. Things were looking good.And, here is how our finances are now:
No obvious signs of life. Just despair and the rats who gnaw upon it.Here is a figure to consider. Admittedly, this is an approximation, but over the years we've spent an average of $3,750 a month on this house. And, we weren't working on it for the entire time we've had it. We burned through over $30,000 just getting it moved and set up on the mountain. I can't remember the exact time scale, but there was a $20,000 week in there somewhere.
Anyhow, a more detailed explanation of our decision soon will follow if you have the stomach for it.
Really though, what the fuck were we thinking?
posted by John | 5:36 PM
3 Comments:
I'm reading through all your post archives. Sometimes I'm appalled on your account, sometimes I cheer! But always I'm amazed at what you and your family have accomplished, and deeply appreciative of your love of old houses. I hope that somehow you end up keeping the Queen. It seems terrible to have to walk away now! - Cathy
Thank you for the well wishes Cathy, I appreciate them.
Mother of a toddler, wife of a musician here, starting our 2nd year in a 1920-ish stucco Tudor in need of lots of work. Not Devil Queen level of work, but enough. Thus I found DQ, Petch, etc.
I'm frightened for you, but I also know that after this chapter is complete, everything in your life will be gravy, EVERYTHING.
cannium I'll be in touch about a house portrait; did this post suggest what I fear it did, that you've sunk close to 400K in this adventure?
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