[hawk]

thanks sdr! you are right about the lack of yards.

[hawk]

Hi All!

What is wrong with the area? Road noise, schools?

[hawk]

Hi All!

What is wrong with the area? Road noise, schools?

[hawk]

Yeah, I would like to make more money but its great to enjoy the people who you work with and the work itself.

Obviously, the “average” wage earner trying to get into the housing market in the next few years is going to find it very difficult! That is why I started looking at this blog. I realized that if me and my husband, making over 6 figures, living a frugal life, could barely afford a 2 or 3 bdrm condo something wasnt right.

My problem now is I work downtown and live in Encinitas. Funny thing was when I graduated law school I was offered a job in Carlsbad and I thought that would be too long of a communte for me living in PB. I may look for something in North County in the future, the coaster is nice when I can take it but it wears on you.

[hawk]

Yeah, I would like to make more money but its great to enjoy the people who you work with and the work itself.

Obviously, the “average” wage earner trying to get into the housing market in the next few years is going to find it very difficult! That is why I started looking at this blog. I realized that if me and my husband, making over 6 figures, living a frugal life, could barely afford a 2 or 3 bdrm condo something wasnt right.

My problem now is I work downtown and live in Encinitas. Funny thing was when I graduated law school I was offered a job in Carlsbad and I thought that would be too long of a communte for me living in PB. I may look for something in North County in the future, the coaster is nice when I can take it but it wears on you.

[hawk]

I am a government attorney and I have been in the work force for about a year and a half. My husband will make more when he finishes up his masters and he gets extra for coaching.

FYI, the legal market in SD is not that great here compared to LA and San Fran. If you are a top performing male (or woman who doesnt want to have kids)who wants to work at a large firm you can do well. For me I didnt want to work my butt off to make partner and then at that age if i could have kids at that point they would literally be raised in day care due to the amount of hours you have to put in.

Many of my friends from law school only make 60-80. Hopefully it will get better as we get older and more experience. I am doing pretty well for the govt sector and I like my job.

[hawk]

I am a government attorney and I have been in the work force for about a year and a half. My husband will make more when he finishes up his masters and he gets extra for coaching.

FYI, the legal market in SD is not that great here compared to LA and San Fran. If you are a top performing male (or woman who doesnt want to have kids)who wants to work at a large firm you can do well. For me I didnt want to work my butt off to make partner and then at that age if i could have kids at that point they would literally be raised in day care due to the amount of hours you have to put in.

Many of my friends from law school only make 60-80. Hopefully it will get better as we get older and more experience. I am doing pretty well for the govt sector and I like my job.

[hawk]

I am 27 and my husband and I make about 130k per year. My single girlfriends make on average about 65-70k, one that is a teacher less but a few more make over 100k. They have all been saving as well since they got their jobs. Maybe it is since we went to UCSD we skewed it upwards, but most of my friends live realtiverly frugally and still are able to save to buy a place when the market is right for them.

After paying off our car loan in a few months we will be saving 2500 per month.

I also know people who I work with that do not save very much at all.

With help from in-laws we should be able to put down 20% on a place.

I am an attorney and husband is a teacher fyi (not engineers)

[hawk]

I am 27 and my husband and I make about 130k per year. My single girlfriends make on average about 65-70k, one that is a teacher less but a few more make over 100k. They have all been saving as well since they got their jobs. Maybe it is since we went to UCSD we skewed it upwards, but most of my friends live realtiverly frugally and still are able to save to buy a place when the market is right for them.

After paying off our car loan in a few months we will be saving 2500 per month.

I also know people who I work with that do not save very much at all.

With help from in-laws we should be able to put down 20% on a place.

I am an attorney and husband is a teacher fyi (not engineers)

[hawk]

sdr: thanks for the advice. My brother is a plumber which can help on the repairs a bit. Our income is about 130k right now, next year my husband will have his masters so we will see an increase by I think around 7k. I have only been in the job market 1.5 years so hopefully my income will increase as well.

[hawk]

sdr: thanks for the advice. My brother is a plumber which can help on the repairs a bit. Our income is about 130k right now, next year my husband will have his masters so we will see an increase by I think around 7k. I have only been in the job market 1.5 years so hopefully my income will increase as well.

[hawk]

Dear Ray:
Thanks for the advice. We are currently saving as well while paying off the car. Our income is such that we can easily pay 1500-2k per month while still paying the student loan at $250 and saving $500.

I don’t know if it would be worth it to request a forebearance for a few months, but we might just put the savings toward the car?

We are getting used to budgeting with our combined incomes and are realizing that if we keep our spending low we can really start saving.

sdr: I think 450k is right where we want to spend. Maybe a little more if we wait longer and save more. After the car payment is paid off my goal is to save 3k per month.

c

[hawk]

Dear Ray:
Thanks for the advice. We are currently saving as well while paying off the car. Our income is such that we can easily pay 1500-2k per month while still paying the student loan at $250 and saving $500.

I don’t know if it would be worth it to request a forebearance for a few months, but we might just put the savings toward the car?

We are getting used to budgeting with our combined incomes and are realizing that if we keep our spending low we can really start saving.

sdr: I think 450k is right where we want to spend. Maybe a little more if we wait longer and save more. After the car payment is paid off my goal is to save 3k per month.

c

[hawk]

Juice
Thanks for the recommendation. Right now we really couldn’t afford those houses due to the hoa/ mello roos.

I guess we just need to hope that we can save our butts off in the next year plus and see prices go town in encinitas. It would be really nice to buy a sfr and just be able to live in it for a long time.

It’s difficult for me as a women to get a law degree work for a few years and then I am going to want to have kids. We don’t want to overextend ourselves on a mortgage so that we would be forced to sell or work full-time.

I am set on being able to work from home or part time when the babies come!

We are working on reducing outstanding debt…thankfully we only have my student loans (federal ones at a low 2.75) and 7250 on my car loan. Please don’t yell at me for the car loan, I have driven beater cars my entire life and financed a used corolla, partially to have my husband have some credit established. I paid 2k last month on my car loan and should have it paid off in 3-4 months.

Then, it is all going to go to savings!

C

[hawk]

Juice
Thanks for the recommendation. Right now we really couldn’t afford those houses due to the hoa/ mello roos.

I guess we just need to hope that we can save our butts off in the next year plus and see prices go town in encinitas. It would be really nice to buy a sfr and just be able to live in it for a long time.

It’s difficult for me as a women to get a law degree work for a few years and then I am going to want to have kids. We don’t want to overextend ourselves on a mortgage so that we would be forced to sell or work full-time.

I am set on being able to work from home or part time when the babies come!

We are working on reducing outstanding debt…thankfully we only have my student loans (federal ones at a low 2.75) and 7250 on my car loan. Please don’t yell at me for the car loan, I have driven beater cars my entire life and financed a used corolla, partially to have my husband have some credit established. I paid 2k last month on my car loan and should have it paid off in 3-4 months.

Then, it is all going to go to savings!

C

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