What would you do?

[Lou586]

Hi all just posted as need some advice. I Have been separated for a year now and have lived in a rented house which is lovely but the rent is high and if I’m honest it is too big. Here’s my dilemma would you move to a small cheaper flat? It would still be rented but it would mean I am nearer to family and friends and I would have more disposable income. I have two adult children and a 12 year old who lives between me and his dad. When my 12 year old is not at my house I feel like I am rattling around. The flat is also walking distance from ex (house is in next town) but far enough that we are not bumping into each other I have been so strong this last year but can’t decide on this. I have pondered over this for days any help much appreciated.

I do not think anyone can help you with this as you know yourself and your finance best, but if I were in your situation I would opt for a smaller place (also cheaper and closer to family). Smaller flat may feel a little "warmer" and welcoming and would be easier to furnish, clean, maintain etc.

Hugs

I was advised if I had a decision to make to consider four things:-

1. What would be the benefit of doing it?
2. What would be the disadvantage of doing it?
3. What would be the benefit of not doing it?
4. What would be the disadvantage of not doing it?

Writing it down can help.

Thank you both I appreciate you taking the time to reply.

We have a big rental. Expensive.. When our last dc is in secondary school we hope to downsize.. We will have multiple adult dc then also!!
You are paying out to heat /furnish and rent space you don't need when your purse could be fuller..
Less housework an added bonus!!

Is the house you live in currently one that you'd shared with your ex? If so, I'd look forward to moving to a new place because it'd be just mine and decorated totally to my taste.

It'd give me a psychological boost too, to feel that I was starting a new phase of my life.

Well, on the face of it, if you feel like you're rattling around, you're paying more rent than you need to be.

But what does it feel like when your 12 yo is home & how likely are your other kids to want to come 'home'?

Also, what about the garden? Parking?
Are you looking at buying at any stage?