Taking the next step
So BF and I talked a bit yesterday about the possibility of me moving in with him sooner than anticipated. We originally talked about moving in together at the end of this year, but we spend basically every night together as it is, so it makes sense to move in sooner. And we would save on time and gas if we didn’t have to shuffle in between my apartment and his place. Plus, we would get to spend more time together, and it would be a lot easier to get things done if I had my things at his house.
That means I would go from paying $725/month in rent to ZERO (house is mortgage-free, but he still has to put in the labour and pay for materials to renovate the basement suite). I told BF> that since I wouldn’t be paying rent, then the first thing I would do is buy a fridge for us. He currently only has a tiny fridge, and that’s something I can’t deal with. At all. The bigger the fridge, the better! And it makes sense to get one, because when it comes time to sell the house, prospective buyers will want a full-sized fridge.
I would then take the $725/month in rent that I would have paid (minus $100/month for a bus pass), and put it into my Travel Fund. Plus the $600/month I’m already contributing, and I will be flush with cash for the trip. Plus, I’ll be able to fully fund my EF and Travel EF. AND, I want to do some expensive things in Africa (that we originally didn’t have the budget for – going on a safari and going to Zanzibar!), so now I will be able to pay for the both of us to do those things.
I know some of you will probably think that it’s not fair I’m paying BF’s way to do these things, but I honestly don’t mind. I make a lot more money than him right now (as he is still training for his career – which is expensive!), so I can’t expect him to go above and beyond the $10k that we agreed upon when we decided to do this trip. Plus, once he becomes a professional, he’ll be traveling around the world all the time. And I’m treating this trip as a once-in-a-lifetime opportunity. Being career-minded as I am, I doubt I would take months out of my schedule to go traveling again, until I’m retired. I’ll never say never, but I know the kind of person I am, so it’s doubtful. That’s why we’re doing this now, while we’re still young and have nothing holding us down like kids or a mortgage.
So in conclusion, moving in with BF will save both of us time and money, while allowing us to reach the next step in our relationship, and see more of the world that we didn’t think was originally possible.
But, it’s all still up in the air. I could still end up moving in at the end of the year. Which would be fine, we just wouldn’t be able to do more of those things in Africa. But it has to be the right decision for our relationship first. We’ll probably talk about it some more, and then get serious with a plan when he comes back from Europe.
Author: Krystal Yee
I’m a personal finance blogger and marketing professional based in Vancouver. I’m a former Toronto Star (Moneyville) columnist, author of The Beginner’s Guide to Saving and Investing, and co-founder of the Canadian Personal Finance Conference. When I’m not working, you can usually find me running, climbing, playing field hockey, or plotting my next adventure.