The financial burden of homeschooling is huge. Homeschoolers almost across the board ( at least the ones that I meet) put their kids and their kids needs above their own and ready and willing to make sacrifices. Ask any homeschooling mom and she can rhyme off lists of umpteen ways to cut costs and save money :-) Over the last few years I have watched our debt slowly creep up .
I have mentioned in many posts of the past couple of months that we moved in the early summer. The main reason other than wanting another bedroom was financial. We had been thinking of ways to get rid of some of the debt hanging over our heads. we ended up moving to a bigger house- and we were able to pay off our minivan ( our commute car broke down a week later .. but that’s another story ). The main reason we had looked into refinancing was to wipe out our credit card debt.. every month that we have to pay interest just burns a whole in my brain. So at the end of the day- we were able to knock off a fair amount of personal debt and get our minivan paid for.. we didn’t come out as ahead as I thought- but in hindsight it was worth it.
We have had to borrow money on occasion – when we went the whole house selling we had to get a short short term loan. When the real estate agent came in to give us an evaluation we were shocked to discover that selling a house wasn’t as simple as cleaning the place up and putting a for sale sign up on the lawn . We moved a third of our belongings into storage so the house could be staged properly… then new carpet, flooring, bath fixtures, kitchen counter tops and had the house repainted. It cost us over 10,000 just put our house on the market- and if we had 10,000 lying around we wouldn’t be selling our house! So, we got a short term loan and our real estate agent figures we got about 40,000 dollars more for our home just because of the work we had done- so in away we quadrupled out money in a couple of months.