to borrow money..

[cornishbaby]

(..In some form, I haven't decided in which form I'd borrow the money yet..whatever works out cheapest!)

I'll try to explain myself without rambling or confusing anyone!

My DH works in a trade, with very little job progression in terms of extra responsibility or really money. He earns well and covers our bills, but I need to earn so we can do the little things. . Cinema occasionally.. paying for swimming lessons for DO for example.

At the minute I am in a job I love, that requires no childcare fees for our 1 Dc. I don't earn loads as PT, but would match his wage if I went FT. . (Dc still young so i'm not) So its a decently paid job and although there's no career progression in my actual role, I can move into so many different areas I have much more scope to progress professionally and in future, earn better. (Still following?) My husband however is a bit of a dreamer and doesn't really understand the ground work and hard graft that people put in years before they are seemingly comfortable and 'doing well' .. He doesn't really 'understand' my want to continually learn and progress. I guess he thinks ill just find a job once dc is older and it'll all just pan out and suddenly be rich

I don't think a degree will be particularly helpful in the route I plan to take my career- although I'd love to do one for personal sense of achievement (I come from a low income background with little financial or work life success and grew up thinking I'd never amount to anything) so cannot justify signing up to a student loan.. but the vocational training that is directly linked,- some with immediate better earning potential- that I'd like to do over the next two years comes in around 5k. Roughly a third of OU student fees.

DH can't really see beyond the initial commitment of borrowing that money, whereas I can and although it scares me as I've never borrowed and it seems like a big number, it feels worth it for education and future benefit to us as a family.

However I am starting to doubt myself and don't know if I'm being unreasonable.

I've briefly looked into various loans, bank and co-op, overdraft etc. And feel the proposed monthly payments are doable and possibly paid off in 2 years. But I want my husband fully on board and so won't proceed without his blessing since he earns more right now and thus carries more pressure financially I guess.

Oh I don't know. Am I being totally unreasonable?

Have a look at student finance england, they may loan you the money. I know with the OU you only start to repay the loan after you earn 21K.

Can you look at studying part time? If you study part time and are below a certain income the fees can be a lot lower and more manageable.

I'd personally veer away from borrowing from a bank if possible, as the interest will be higher than you'd pay on a student loan, plus with the student loan you only pay it back over a certain income.

Sorry I should have been clearer. The training I'm looking at is provided by independent companies as opposed to a college etc

Is the training legit - you don't want to shell out on unrecognised training.

what kind of training is it and for what role?

Yes yes all legit. I definitely checked it out!.. I didn't want to specify as it'd out me. Think along the lines of being able teach what I already do and take on private work too. No franchise involved or anything like that. All provided by big well known training providers.

I'd present it at an informal business plan (which is what it is). I'd then counter his concerns about risk with my own concerns about lack of planning. You know him better than anyone so prepare your answers to his concerns.

If he reaches a point where he won't debate intelligently and dismisses your idea, you may have to make the difficult decision to dismiss his opinion and forge ahead without his support.

Don't fall into the trap of letting him have the final say because he's the man.