Thursday, September 18, 2014
FAIRFIELD-SUISUN, CALIFORNIA
99 CENTS

Faison Plan changes with the times

faison column sig

By
From page A8 | August 17, 2014 |

This is a good news-bad news tale.

There’s more positive movement on the housing front with news this week that Solano County’s median home price jumped in July to $321,500. That’s a whopping increase of 25.4 percent from July 2013 and represents the largest jump among the nine Bay Area counties.

That’s certainly good news for those who own homes, particularly those who weathered the dark years of the Great Recession.

We bought our home in May 2010, near the bottom of the market. That was good for us because, frankly, we could not have afforded to purchase a home here during the boom times, when the county’s median home price peaked at $490,000 in November 2005 – or during the early years of the slide when prices were still higher than they are today. We were underwater on our loan for a short time early on as prices continued to fall.

Time and the economy took care of that: time in the fact that we’ve made monthly house payments for more than four years, the economy in that the housing market has rebounded. The latter has a real financial downside based on increased property taxes. Our house payment went up about $200 a month early this year to cover the increased tax obligation. I checked at the county and everything appears to be accurate. Our share of Measure Q, the $348 million tax passed in 2012 by voters to support Solano Community College, didn’t help matters, although it’s not so great a slice of the property tax pie.

When Jill and I got married in 2005, she was teaching in the classroom and teaching professional development courses through Fresno Pacific University. The two jobs combined made her the family’s primary breadwinner. I’m a journalist, so that’s not an unusual situation. She came out of the classroom two years later to focus on the FPU classes. We put a financial plan in place and then worked the plan, with the idea that we could make a go of it for one or two years and if necessary, she could go back into the classroom.

My job in Fairfield made me the primary breadwinner, which was fine. We continued to work our plan once we relocated to Fairfield, but watched our financial position erode over time.

I took a modest voluntary pay cut about three years ago and haven’t quite bounced back, although I’m close. There was a financial scare late last year with Jill’s work with Fresno Pacific. I already mentioned the increase in our house payment. The youngest child started college last fall. She finished the summer session this week – two classes – and is about to start the fall semester. So there are college fees and books added into the mix. We’re now a three-car family, which brings with it added costs.

Everything combined forced a change this summer to the Faison Plan. What started as a one- or two-year experiment lasted seven. That’s been a blessing – to both of us. But we saw that we would soon reach a point where something would have to give in a pretty significant way.

Here’s the revised Faison Plan: Jill landed a job as a sixth-grade teacher so she’ll once again be in the classroom as her job, with Fresno Pacific as her job-job. This makes us more than whole, so we can start putting some money aside. The two jobs combined, once the checks start rolling in, will make Jill our family’s primary breadwinner once again.

All’s right with the world.

Reach Managing Editor Glen Faison at 427-6925 or gfaison@dailyrepublic.net. Follow him on Twitter at www.twitter.com/GlenFaison.

Glen Faison

Glen Faison

Glen Faison joined the Daily Republic as managing editor in September 2009. He has worked as a reporter and editor for daily and weekly newspapers in the San Joaquin Valley for 20-plus years. His experience includes time as editor of the Golden Eagle, a military paper serving the Lemoore Naval Air Station. He graduated from Fresno State University with a bachelor's degree in journalism and bleeds Bulldogs red. He is an avid Washington Redskins fan, and attended the 1988 NFC Championship Game against the Minnesota Vikings at RFK Stadium. He married his wife, Jill, in 2005, and has three children: Courtni, Tyler and Hayli.
LEAVE A COMMENT

Discussion | 1 comment

The Daily Republic does not necessarily condone the comments here, nor does it review every post. Read our full policy

.

Solano News

 
Theatre DeVille in Vacaville closes

By Barry Eberling | From Page: A1, 15 Comments | Gallery

 
Focus on school attendance now, always

By Mayrene Bates | From Page: A2, 1 Comment

 
Suisun City Senior Center seeks holiday donations

By Susan Hiland | From Page: A3

Lunafest returns to Fairfield in November

By Susan Hiland | From Page: A3

 
Pepperbelly’s for sale

By Ryan McCarthy | From Page: A3, 4 Comments

Jury selection begins in 2011 Fairfield murder trial

By Jess Sullivan | From Page: A3

 
Seniors get help at Kroc Center health fair

By Barry Eberling | From Page: A3 | Gallery

Drug court success stories tell their tales

By Jess Sullivan | From Page: A3 | Gallery

 
Fairfield police log: Sept. 16, 2014

By Susan Hiland | From Page: A10

 
Suisun City police log: Sept. 16, 2014

By Susan Hiland | From Page: A10

Weather for Sept. 18, 2014

By Daily Republic | From Page: B10

 
.

US / World

Emotions mount on final day of Scottish campaign

By The Associated Press | From Page: A1

 
More than 2,000 homes threatened in California fire

By The Associated Press | From Page: A4, 1 Comment

Maps provide early warning of California fire risk

By The Associated Press | From Page: A4

 
NASA’s Maven spacecraft reaches Mars this weekend

By The Associated Press | From Page: A5

US military role in Iraq raises combat questions

By The Associated Press | From Page: A5

 
Police: Ambush suspect was military re-enactor

By The Associated Press | From Page: A5, 1 Comment | Gallery

House grudgingly approves arms for Syrian rebels

By The Associated Press | From Page: A5, 2 Comments

 
Ex-VA doctor: Phoenix report a ‘whitewash’

By The Associated Press | From Page: A5, 1 Comment

School district police stock up free military gear

By The Associated Press | From Page: A5, 4 Comments | Gallery

 
Doctor says Toronto Mayor Rob Ford has cancer

By The Associated Press | From Page: A6

US scientist: Ebola unlikely to become airborne

By The Associated Press | From Page: A6

 
Liberia president praises US for Ebola help pledge

By The Associated Press | From Page: A6

Obama reaffirms opposition to US combat in Iraq

By The Associated Press | From Page: A6, 1 Comment

 
AP Interview: Iraq premier says no foreign troops

By The Associated Press | From Page: A6, 1 Comment

.

Opinion

 
Homeless find welcome in Vallejo

By Letter to the Editor | From Page: A7, 7 Comments

 
Give new crime report a chance

By Kelvin Wade | From Page: A7, 19 Comments

 
.

Living

Today in History: Sept. 18, 2014

By The Associated Press | From Page: A2

 
Community Calendar: Sept. 18, 2014

By Susan Hiland | From Page: A2

Horoscopes: Sept. 18, 2014

By Holiday Mathis | From Page: A9

 
My brother fails to make an effort to when it comes to my kids

By Kathy Mitchell and Marcy Sugar | From Page: A9

.

Entertainment

TVGrid

By Daily Republic Syndicated Content | From Page: B4

 
U2 returns to iTunes Top 100 — 26 times

By Los Angeles Times | From Page: B4, 1 Comment

Directors Guild finds TV diversity hiring stalled

By The Associated Press | From Page: B4

 
.

Sports

Rodriguez gets 1st MEL soccer win since return to league

By Daily Republic staff | From Page: B1

 
Giants snap tie in 9th, beat Arizona to narrow gap in West to 2

By The Associated Press | From Page: B1

 
49ers’ Kaepernick fined for inappropriate language

By The Associated Press | From Page: B1, 4 Comments | Gallery

Panthers remove DE Greg Hardy from active roster

By The Associated Press | From Page: B2

 
Barry Bonds appeal heads back to court

By The Associated Press | From Page: B2

NFL, union agree to new drug policy, HGH testing

By The Associated Press | From Page: B2

 
Raiders rookie Derek Carr focuses on job at hand

By The Associated Press | From Page: B2 | Gallery

Pegulas’ bid to buy Bills OK’d by NFL committee

By The Associated Press | From Page: B2

 
FSU benches Winston for 1st half of Clemson game

By The Associated Press | From Page: B2

Umpire West suspended 1 game for grabbing jersey

By The Associated Press | From Page: B2

 
After making ‘mistake,’ Vikings bench RB Peterson

By The Associated Press | From Page: B2

Sharks sign D Braun to 5-year, $19 M extension

By The Associated Press | From Page: B2

 
Rockets acquire Jason Terry, picks from Kings

By The Associated Press | From Page: B2

.

Business

Wells Fargo pays $290,000 in sex harassment case

By The Associated Press | From Page: B5

 
Fed signals plan to keep key rate at record low

By The Associated Press | From Page: B5

Brown signs ride-sharing insurance legislation

By The Associated Press | From Page: B5

 
US homebuilder confidence soars in September

By The Associated Press | From Page: B5

Anthem, hospitals join to offer new insurance plan

By The Associated Press | From Page: B5

 
Drag queens dress down Facebook over names

By The Associated Press | From Page: B5, 1 Comment

.

Obituaries

Margaret King

By Susan Hiland | From Page: A4

 
.

Comics

Baldo

By Daily Republic Syndicated Content | From Page: A8

 
Get Fuzzy

By Daily Republic Syndicated Content | From Page: A8

For Better or Worse

By Daily Republic Syndicated Content | From Page: A8

 
B.C.

By Daily Republic Syndicated Content | From Page: A8

Garfield

By Daily Republic Syndicated Content | From Page: A8

 
Frank and Ernest

By Daily Republic Syndicated Content | From Page: A8

Rose is Rose

By Daily Republic Syndicated Content | From Page: A8

 
Pickles

By Daily Republic Syndicated Content | From Page: A8

Baby Blues

By Daily Republic Syndicated Content | From Page: A8

 
Beetle Bailey

By Daily Republic Syndicated Content | From Page: A8

Peanuts

By Daily Republic Syndicated Content | From Page: A8

 
Blondie

By Daily Republic Syndicated Content | From Page: A8

Zits

By Daily Republic Syndicated Content | From Page: A8

 
Dilbert

By Daily Republic Syndicated Content | From Page: A8

Wizard of Id

By Daily Republic Syndicated Content | From Page: A8

 
Sally Forth

By Daily Republic Syndicated Content | From Page: A8

Sudoku

By Daily Republic Syndicated Content | From Page: A9

 
Bridge

By Daily Republic Syndicated Content | From Page: A9

Crossword

By Daily Republic Syndicated Content | From Page: A9

 
Cryptoquote

By Daily Republic Syndicated Content | From Page: A9

Word Sleuth

By Daily Republic Syndicated Content | From Page: A9