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Reasons why you’ll actually be happier in a smaller house
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wages
Joined: Mon Aug 09, 2010 5:25 pm Posts: 11 Location: UK
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Reasons why you’ll actually be happier in a smaller house
Hello friends, reasons why you’ll actually be happier in a smaller house:
1. Easier to maintain. Anyone who has owned a house knows the amount of time, energy, and
effort to maintain it. All things being equal, a smaller home requires less of your time,
energy, and effort to accomplish that task. 2. Less time spent cleaning. And that should be reason enough… 3. Less expensive. Smaller homes are less expensive to purchase and less expensive to keep
(insurance, taxes, heating, cooling, electricity, etc.). 4. Less debt and less risk. Dozens of on-line calculators will help you determine “how much
house you can afford.” These formulas are based on net income, savings, current debt, and
monthly mortgage payments. They are also based on the premise that we should spend ”28% of our
net income on our monthly mortgage payments.” But if we can be more financially stable and
happier by only spending 15%… then why would we ever choose to spend 28? 5. Mentally Freeing. As is the case with all of our possessions, the more we own, the more
they own us. And the more stuff we own, the more mental energy is held hostage by them. The same
is absolutely true with our largest, most valuable asset. Buy small and free your mind.
Thanks
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Mon Aug 09, 2010 5:36 pm |
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matthew99
Joined: Sat Sep 11, 2010 9:02 pm Posts: 13 Location: UK
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Re: Reasons why you’ll actually be happier in a smaller house
Hi 1. Easier to maintain. Anyone who has owned a house knows the amount of time, energy, and effort to maintain it. All things being equal, a smaller home requires less of your time, energy, and effort to accomplish that task. 2. Less time spent cleaning. And that should be reason enough… 3. Less expensive. Smaller homes are less expensive to purchase and less expensive to keep (insurance, taxes, heating, cooling, electricity, etc.). 4. Less debt and less risk. Dozens of on-line calculators will help you determine “how much house you can afford.” These formulas are based on net income, savings, current debt, and monthly mortgage payments. They are also based on the premise that we should spend ”28% of our net income on our monthly mortgage payments.” But if we can be more financially stable and happier by only spending 15%… then why would we ever choose to spend 28? 5. Mentally Freeing. As is the case with all of our possessions, the more we own, the more they own us. And the more stuff we own, the more mental energy is held hostage by them. The same is absolutely true with our largest, most valuable asset. Buy small and free your mind. 6. Less environmental impact. A smaller home requires less resources to build and less resources to maintain. And that benefits all of us. 7. More time. Many of the benefits above (less cleaning, less maintaining, mental freedom) result in the freeing up of our schedule to pursue the things in life that really matter – whatever you want that to be. 8. Encourages family bonding. A smaller home results in more social interaction among the members of the family. And while this may be the reason that some people purchase bigger homes, I think just the opposite should be true. 9. Forces you to remove baggage. Moving into a smaller home forces you to intentionally pare down your belongings.
Thanks
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Sat Sep 11, 2010 9:07 pm |
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