I rarely have a subject line, and when I do, it never tells you anything about the post I'm making.
So... in six years, Andrew will likely be making slightly over $80,000 a year. If we keep living like we're living now, all of his student loans and all the loans we take out so we have money to live on while he quits his job and I work only part time will be paid off completely in about two years. So... then we'll be living debt free with an income that I don't even know what to do with ($80,000?? How do people even spend that kind of money?) for a few years until I complete my degree, which should net us another $25k if I teach at public schools, $40k if I teach at a private school, or way more than that if I work in medical research. My student loans will take another while to pay off, but probably less than 3 years if we continue to spend reasonably. I honestly can't imagine living on more than $40k a year... It's... I mean, I guess once we have kids, we'll really need the money... but having a small house and just the two of us... It's kind of crazy. And the best part is that Andrew seems really designed for this kind of work. He has the people skills for it, plus he can remember infinite amounts of tiny little details, which is exactly what a pharmacist needs to do.
But, until then, things will continue to be kind of tight. Andrew's planning on going down to about 20 hours a week when he gets into school this spring, which means that we're going to be getting a lot of bank loans to help us with rent and stuff. We're hoping he can get enough financial aid and scholarships to cover tuition in full, but we'll see. Walgreens will help out if he keeps working for them.
I'm not planning to start school until he's been in for a while - his education comes first and so we need to make sure that we can handle that before I go off and get more debt with student loans.
So, anyway, that's the plan. In a decade we will have a yearly income of no less than $100,000 and we will be completely debt free, save for maybe a mortgage on an inexpensive house. I can't even imagine what to do with that kind of money. Even with all the luxuries I would want, like a nice house (nice house, not a mansion. I never want a single room in my house to be bigger than my current apartment. I think the my grandparent's house is the biggest I would want unless Andrew and I go crazy and suddenly decide we want like 6 kids), visits out of the country every few years, a nice wardrobe, parties at conventions, going to conventions all over the country, eating out once a week... I still think our kids will end up with a nice inheritance and I think we'll end up being very generous with our friends.
The trick to all of this is getting through the next 6 years without dying, going broke, burning out or drifting apart. All of which are very real possibilities. =/ Andrew's tuition for pharmacy school, which will take 3-4 years, is more than he currently makes in a year. Hopefully after pre-pharm he can move into a pharm tech position.
So, yeah.
But, until then, things will continue to be kind of tight. Andrew's planning on going down to about 20 hours a week when he gets into school this spring, which means that we're going to be getting a lot of bank loans to help us with rent and stuff. We're hoping he can get enough financial aid and scholarships to cover tuition in full, but we'll see. Walgreens will help out if he keeps working for them.
I'm not planning to start school until he's been in for a while - his education comes first and so we need to make sure that we can handle that before I go off and get more debt with student loans.
So, anyway, that's the plan. In a decade we will have a yearly income of no less than $100,000 and we will be completely debt free, save for maybe a mortgage on an inexpensive house. I can't even imagine what to do with that kind of money. Even with all the luxuries I would want, like a nice house (nice house, not a mansion. I never want a single room in my house to be bigger than my current apartment. I think the my grandparent's house is the biggest I would want unless Andrew and I go crazy and suddenly decide we want like 6 kids), visits out of the country every few years, a nice wardrobe, parties at conventions, going to conventions all over the country, eating out once a week... I still think our kids will end up with a nice inheritance and I think we'll end up being very generous with our friends.
The trick to all of this is getting through the next 6 years without dying, going broke, burning out or drifting apart. All of which are very real possibilities. =/ Andrew's tuition for pharmacy school, which will take 3-4 years, is more than he currently makes in a year. Hopefully after pre-pharm he can move into a pharm tech position.
So, yeah.