I feel sorry for young people these days. Most of them don’t earn nearly enough money to pay for rent or a house payment, because housing prices are ridiculously high compared to incomes in many places.
But limitations spur creativity, as Thomas Edison used to say. This young man has come up with a way to have his own space without spending a small fortune on housing each month. More power to him!
Happiness is having a large, loving, caring, close-knit family in another city.
George Burns
This jumped out at me from among the hundreds of photos used to advertise a local estate sale online.
I subscribe to emails from a few local estate sale agents because I love to go to estate sales. I try not to buy anything that will clutter up our little house, but there are certain things I need or want and I find that older items are often much better made than modern ones. For instance, I buy almost all of our linens and towels at estate sales, because I love getting vintage linens and towels, often still in the package, at a fraction of the price of modern linens and towels. They hold up forever!
That said, I wanted this specific toy grocery cart because there is a certain adorable little girl who is just learning to walk, and I want her to have this toy to play with. Many years ago, we bought a grocery cart just like this one for her mother’s first birthday. We got rid of it after our youngest child outgrew it.
My husband doesn’t like the rare occasions when I buy something we used to own. His logical thought is, “Why did we get rid of it in the first place if we were just going to buy another one?”
My response is, would you have preferred to trip over it all these years, or have it take up valuable storage space, say in a storage unit where it would pick up that funky odor that outdoor storage units seem to create on stored items?
One of the advantages of the Internet is that you can find just about anything you might want to buy, even if it’s old or dated. So you can get rid of most things knowing that if you do ever need them again, you can buy them online. In the meantime, your surroundings remain uncluttered. Works for me!
One of the best things about being debt-free is that you get to keep the money you would have given to the bank as interest if you still had debt. That money can go into savings, be spent to do what you like, or be given to charity. Personally, I love knowing that no banker is making money off of me each month!
If you don’t own a house, you just need to get your bills under control and refuse to borrow money unless you absolutely must. But if you have a house, you have to commit to paying off that mortgage. The sooner you start, the better. As this couple learned, there is tremendous savings to be had if you prepay your house loan.