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Hello Personalfinance,

I currenlty live in a relatively big city in a rented apartment (863€/month) I work as a traveling salesmand and travel across the country (about 300-500 km /day) My Wife is studying (she recieves 200€/month benefits from the government) we have a 2 year-old son. I make 2300€-3000€/month + I get 0,41€ per kilometer driven for work (~1800e /month). I have about 1000€ in savings, 30k in student debt and 1k in credit card debt.

Fixed costs for car per month include cng (biogas) fixed payment 80€ mortgage 311€ insurance ~60€.

The problem is that I drive so much that my cars tires are wearing at a phenomenal rate, I have to maintain it once in three months and ofcourse the value of the car is decreasing.

On Saturday my father-in-law told me that his fathers condition is getting worse (alzheimer's) and he and his wife are going to move to live with him and take care of him. He asked if we wanted to move to live in to their house. We would only have to pay for the upkeep of the house 230€/month.

I know that this sounds like a really good deal. The reason I haven't pulled the trigger on this yet is that we would have to move in to a different city and leave our friends behind.

I would like to hear your thoughts on this and what would be the smartest things to do with the spare money. Moving there wouldn't affect my job at all.



Submitted October 30, 2017 at 06:24AM by Meesmies http://ift.tt/2hlL6DM

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