Spending useless money before closing.

jdpegasus08 · May 2011

Okay, so I've been trying as hard as I can for DH and I not to be spending any money on things we don't need; like trips. We had planned a trip to Florida in July for a week. Once we started the process of buying a house, we decided not to go anymore. I just got a call from one of my High school friends, saying she was getting married next month. One of those last minute, 5 weeks to plan weddings. She wanted to give me a heads up before I got the invite in the mail. We don't talk much besides the occasional facebook message. But were good friends in high school. She came to our wedding, so I want to go. I'm just trying to justify if I should go. If we were best friends, I'd go in a heartbeat.... but my bff wouldn't be getting married last minute. DH and I can afford to go, (really cheap flight prices; ie. 31.99 per flight per person.) What do you ladies think? Should I stay firm and say no? Or should I give in, and open a whole can of worms if DH really wants to go somewhere/buy something big.

jabu814 · May 2011

If it were me, I would check with my lender. But I don't think it should be a problem. We definitely spent some money on stuff prior to closing, just not buying large things, like thousands of dollars of furniture. It depends on your financial situation I guess, is spending the money for this trip really going to deplete the bank? Then don't. Will you still have generally the same amount in the bank as when you were approved? Then should be fine.

shanwalk2 · May 2011

I don't quite understand the "open a can of worms if DH really wants to go somewhere/buy something big".

If you can afford it, and you're willing to spend the money necessary, and your DH is on the bandwagon - then go. If your DH doesn't think y'all should go for whatever reason, then you both need to talk about more and come to an agreement.

You made it sound like it's going to be a "tic for tac" situation... where if you spend money - then he wants to too. And that is a whole different spending issue.

good luck.

LexiMS · May 2011

Why don't you go by yourself? DH and I often do this to our friends weddings that require a lot of travel. I just get a hotel with a friend, so its even cheaper!

amanjay · May 2011

Wait--it's only $64 to fly and then maybe $100 for a hotel room? I'd go in a heartbeat. Then, if your DH later wants to spend $162, so be it. I can't imagine that $325 or so would make or break a home loan going through. Otherwise, no one would buy diapers, groceries, socks, underwear, etc. the month before they close.

jdpegasus08 · May 2011

Thanks guys! I don't imagine it breaking the home loan either. DH is being completely supportive, he's just been wanting things for the new home. Like the necessities; lawn mower, weed whacker, etc. He also wanted a big screen tv- 55 inch, and has been wanting it as a "new house" present. That's what I meant about opening the can of worms.

Sisugal · May 2011

It sounds like you need to establish a budget that has some personal spending and entertainment/fun money alloted.

Smart Couples Finish Rich by David Bach is helpful for getting on the same page financially.

annieu613 · May 2011

Those tickets are really cheap. I would definitely go. Expenses come up and the bank knows that. We ended up having to spend $600 to repair my car when we were under contract, and it wasn't a problem. It's your friend's wedding and you want to go, so go!

Spending useless money before closing.

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