Reasons why you’ll actually be happier in a smaller house
Posted: Mon Aug 09, 2010 5:36 pm
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
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