Comments on: New Years Resolution One: Downsizing Our Home

By: Jeanie

Jeanie — Mon, 06 Jul 2009 19:45:06 +0000

I firmly agree with downsizing, I moved from a 1400 sq ft home in a nice area of town to the country with a 1900 sq ft home on 7 acres which I mow every bit of it. It is quite a chore for a single person. I work full time and my drive to work is not that bad. I am thinking about moving back into my home in town, which I now rent, my home in town is mortgage free. I have live out in the country for 3 years now. My head was very clouded when I bought this home. I have neighbors but they are quite a ways away. I love the peacefulness but don’t like all the work.
Anyone think I’m crazy?

By: Checkup On 2009 Goals | Frugal Dad

Checkup On 2009 Goals | Frugal Dad — Sun, 15 Feb 2009 18:33:57 +0000

[...] Goal One: Downsizing Our Home [...]

By: Gail

Gail — Tue, 13 Jan 2009 22:39:36 +0000

My husband and I decided to ‘re’ down size back to our 50 year old 1100 square foot home that we were renting out. We had bought a larger, newer, home. It too, became less attractive as we struggled to make the payments, and realized we weren’t enjoying the house, because we were no longer enjoying our home. The note on the old is one third the note on the new. In what would cost us two notes on the new, we have spent in materials in updating the old. The entire process has brought us closer together, and made us a lot happier as a couple. Yes, ’stuff’ is not as important as it used to be. I have thrown away, and given away alot of stuff in the last few months. I wish I had every penny that I paid for a lot of it now.

By: Downsize? No Way… I’d Rather Just Pay it Off… » Pants in a Can

Sun, 04 Jan 2009 15:05:32 +0000

[...] a desperate search for something more specific that I can keep track of — and after reading Frugal Dad’s resolution about downsizing his home (and concluding that while it will work out well for him, it would be a horrible idea for me), [...]

By: Would You Sell All Material Possessions To Be Debt Free? | Frugal Dad

Would You Sell All Material Possessions To Be Debt Free? | Frugal Dad — Sat, 03 Jan 2009 13:26:55 +0000

[...] of our clutter, putting away Christmas decorations and beginning to think long term about how to downsize to a smaller home. I told my wife at some point that I wish we could simply “start over; with a clean [...]

By: Patrick

Patrick — Fri, 02 Jan 2009 16:13:37 +0000

I think this is a great idea. My wife and I live in a small condo and we don’t use much of our income to pay our mortgage. We could certainly “afford” more house, but we don’t need it at this time. I prefer smaller, more efficient things – cars, houses, etc.

I think a lot of people get caught up in the “idea” of what they think they need and go overboard because that is either what they know or what they think is expected of them (e.g. huge home with extra bedrooms, play room, den, etc in addition to a couple SUVs).

By: Millionaire Mommy Next Door

Millionaire Mommy Next Door — Thu, 01 Jan 2009 22:14:07 +0000

I think downsizing will soon be the new cool thing to do. It just makes so much sense all around — better for our budget, our planet, and our free time.

About 5 years ago, we sold our home (2500 square feet on 7 acres), downsized and rented. Then our net worth grew exponentially, for all the reasons you mentioned in your post — plus we eliminated maintenance and repair costs, we no longer needed a housecleaner, and were able to put our equity to work. Today, our family of 3 (plus a dog) live VERY comfortably in a 1400 sq. ft. condo.

This summer, our plan is to experiment with downsizing even further — to just 238 sq. ft on wheels as we travel the country in an Airstream trailer! Footloose and fancy-free… ahhhh.

By: Max

Max — Thu, 01 Jan 2009 17:20:03 +0000

Might sound silly but I’m starting my New Years with Vision Board into a Movie. I also stole this affirmation for my New Years Affirmation Resolution. “I have 1 million happy customers in 2009″ I might end up going to foreclosure on my property in CT, I believe I should have read your article some time ago and I would have been better off Happy New Years!

By: New Years Resolution Three: Double Blogging Goals | Frugal Dad

New Years Resolution Three: Double Blogging Goals | Frugal Dad — Thu, 01 Jan 2009 14:29:53 +0000

[...] final article in a 3-part series on my New Year’s resolutions 2009. Be sure to check out my first and second [...]

By: Mr. GoTo

Mr. GoTo — Thu, 01 Jan 2009 05:27:29 +0000

If you think about it, empty nesters downsize with regularity for good reasons, most unrelated to money. If you do not need the room for children, why not downsize now?