I’ve recently received a few requests for updates via email and am feeling guilty for my absence. Here’s the latest on me and mine:
Marriage: better than expected
I’m happy to report that the wedding went extremely well and Matt and I are happily married. Marriage hasn’t changed our relationship much, but I do feel that it’s cemented our commitment to each other in a way that brings me a certain simultaneous joy and peace. An unexpected benefit: having a “husband” makes me feel a bit more legitimate in identifying myself as adult, which means I’m more open to taking on other kinds of responsibilities.
Work: lucky to have a job
Matt and I have both managed to hold onto our jobs, in spite of recent reorganizations and layoffs. I’m still working in marketing for a Fortune 500 financial services firm, and my organization is doing what it can to weather the current storm. It hasn’t been pretty - the past six weeks have been especially brutal - but the recent market activity has kept me on my toes. We’ve had to be responsive to the press, The Hill, and the analysts, which is giving me an opportunity to illustrate how I provide value to our organization. I won’t be getting a raise this year (all salaries were frozen back in November), but I’m feeling extremely fortunate to still have support staff and a budget at this point.
Home: thinking about a move
We live in a charming little brick and stucco Tudor, which I bought back in March of 2006 with a five-year ARM at 5.85%. We started shopping banks to refinance into a 30-year-fixed mortgage, and ended up looking new houses. Long story short, we’re thinking of building a new house. I question the prudence of this decision, especially considering that one (or both) of us could potentially be unemployed at any time, but it’s also an excellent time for us to make a move. Mortgages are cheap, builders need work, and materials are on sale. We want to build a smallish home that is more energy efficient, but first we have to sell the one we have. As I type this entry, my husband and a friend are putting in a new patio door (finally!).
The wedding was a big expense at an inopportune time (right before the market collapsed), but I’m still teaching and trying to save when I can. I haven’t made any real headway on my debt for awhile, and I haven’t calculated my net worth since my 401(k) lost 60% of its value, but I’m not creating new debt, so I suppose the battle isn’t entirely lost.
So, that’s the quick-and-dirty. I’ll provide more information on how the wedding budget turned out and the housing situation in upcoming posts.Stumble it!