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Headline : FLOURISHING AFTER 50: Were facing a miserable Christmas thanks to our sky-high mortgage. Is home ownership worth the struggle?

Read more from the original article on here at www.dailymail.co.uk.





Tags : #flourishing #50 #were #facing #miserable #christmas #thanks #skyhigh #mortgage #home #ownership #worth #struggle


No. of Paragraph 28

Published: 15:19 EST, 14 December 2024 | Updated: 20:25 EST, 18 December 2024

I'm feeling so stressed about this Christmas. It's shaping up to be a huge letdown for my kids. We just can't afford the usual presents or our beach holiday this year. Everything feels so tight, and with interest rates being the way they are, our mortgage now costs us an extra $26,000 a year compared to when we bought the house. Any money we used to spend on fun is gone.

I've been thinking about taking on a second job to help, but the thought of leaving my kids alone during the holidays breaks my heart. My husband is already working double shifts to try to put some savings aside, but it feels like we're stuck in a never-ending cycle.

Is home ownership really worth it anymore? We've worked so hard to get here, but now I wonder if it's all too much. What should we do? How can we make this Christmas special without breaking the bank?

Read more from the original article on here at www.dailymail.co.uk.


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