Housing

Saving on Housing Costs by Renting Rather Than Buying

Traditional advice has always been to buy a home to “lock in” your housing costs.  Over the past 30 years inflation has increased rents considerably, and those that took out a mortgage did well as inflation eroded the cost of the money they borrowed.  We have discussed how alternatively you can choose to invest in diversified investments and rent a…

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Housing

Is Now a Good Time to Buy a House?

I have spent more time than I wish to admit thinking about how to determine if it is a good time to buy a house or not.  The economic ramifications for the rest of your life are quit large when buying a home.  Being able to buy at the bottom can be very beneficial, whereas the top can be costly. …

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Housing

Home Purchase Considerations – Renting to Buy Cash

Whether you want to buy or rent you need to determine how much of your money you want to spend on housing.  In most cases it can’t be $0 and obviously cannot be unlimited either. Where you live will determine the low end of what you can spend.  If the absolute minimal living conditions that you can tolerate rents for…

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Lifestyle

Why We Have It Better Than a King

It is easy to get down about ourself or our lives, when we are constantly bombarded by the media and adverting.  Successful advertising preys on us to intentionally make us feel that we are missing out if we do not buy the products they are selling.  The media continues to grow to levels that never could have been imagined 30…

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Housing

Why You Should Buy The Worst Car and House

There are some things to consider in buying a car and a house.  For a car reliability and safety features are important considerations.  When buying a home being in the right location and near good schools usually is worth paying up for.  After the basics are met many people tend to spend extra for upgrades in each.  Just remember that…

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Lifestyle

Work: Doing Something You Don’t Want to Do

If we think about work in terms of its relation to a job for employment we could define it as “Doing something you don’t want to do.”  There are two reasons for this. Someone is paying you to do the work so that they do not have to do it If someone wanted to do the work for pleasure then…

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Lifestyle

Taking Risks With Some Financial Security Reserves

In America the idea of delayed gratification is well taught to us at a young age.  The idea of working hard and being rewarded is paramount to the American Dream.  For this reason it is very intimidating to consider making any life / work decisions that go outside this line of thinking.  Despite knowing this model does not work for…

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Lifestyle

Justifying the Value of Travel

Travel can be anything you want it to be.  From a staycation, a day trip, to an overnight, to full immersion there is no one best choice.  Travel can be very expensive, but it can also be a bargain depending on how you structure it.  There are so many benefits to traveling that it is worth building a budget and…

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Housing

Tiny Houses are Only Worthwhile If You Own The Land

HGTV has been hitting it out of the park in recent years and has added many new shows to their lineup.  “Tiny House Hunters”, is just as the title suggests a show where people select between 3 different tiny homes / trailers to buy.  I really do enjoy watching the original “House Hunters,” but my main criticism is that they…

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