Best time to have your second?

So we decided to have our first while still renting so we could afford for me to have a year off (Im the big earner although my husband earns enough for us to live on while renting - not mortgage paying). Im back at work now and the plan was to buy a house now and try to pay heaps of mortgage off (well enough mortgage paid off so that my husband could pay it and live while Im off again) before having number 2 so I could afford to take a year or maybe two off (I hated going back to work and wished I had more time with my daughter). By my calculations we would be able to have number 2 when our first is 6-7 eeek.
Now I'm thinking save heaps over next 1-2 years and put it away while I have second and can have another year or so off then buy when I'm back at work and no other babies would mean we can concentrate on mortgage without money worries.

So anyway, that's our dillema and Im interested to see if anyone else has had/is having the same dillema - I feel like its a bad decision to put off buying a house but then again I think Ill regret having children soo far apart in age.

If anyone has been in the same situation I would be really keen to hear what you decided to do and how that worked out. cheers

Hey thanks I dont really want a mortgage holiday its not great for the ol credit rating (im in banking) plus I really want the time myself with my two - just curious on everyone elses stories in terms of renting/mortgage and having a baby

Hard to say, I think everyone situation is so different, we'll have 3 years, but I've been back at work for a while now, so financially I feel we're okay.
I think honestly if you have sat down, thought it all out, them you'll be happy with whatever conclusion you come too

.... In saying that, depending on age I wouldn't leave it too long, I'm 30 and it took me nearly a year and 1 miscarriage to achieve this pregnancy, I'm still not in the safe zone, so fingers crossed, but I was surprised how long it actually took!

Good luck with your decisions :)

Hmm, we bought our house but rented it out while we rented a cheaper home. (So someone else was paying our mortgage leaving us the ability to live cheaper and save some more money). This was prior to having chn, though I know some people have done this to get onto the housing ladder while they are having children. I guess however this depends on the amount of deposit / lending and house prices in your area as to whether it's achievable.

At the end of the day, there is probably no good time to have children, you tend to keep aiming towards the next goal...

Good luck with your decision, you'll make the right one for you. :-)

We just bought our first home as its comparible to our rent, our fortnightly payment is $301. Missy s now two and thinking its time for another, got to get past my own issues re the birth etc before I can try but ideally we want about a three year gap