SM and I are having THAT conversation again. Downsizing. Should we buy a "fixer" out in the country? Should we do it now or wait a few more years?
I've always been a saver. It bugs me that our savings account has been stagnant for the past 2 years. And so I start thinking. And a "Thinking Tami" is a dangerous thing. (grin)
It's bad enough that the "great recession" has caused our incomes to drop. SM has been self-employed with all the hiccups that that brings. My employer has had us on reduced hours for over 2 years.
But in a way, the "great recession" has been a good thing. It's been a wake-up call. What is our future going to look like? We are closing in on the "golden years"...How can we help keep that future secure?
We hope to always be able to work for our expenses, but what if we can't?
That's why I'm so interested in the "homesteading" lifestyle. If we can supply much of our basic needs by having an orchard, garden and livestock (chickens, pigs, goats) wouldn't that "investment" help secure our future?
What can we do to live on less? The most obvious answer is to get rid of the mortgage by purchasing a smaller place. A small house with enough land to allow for more freedom in pursuing this lifestyle.
So we browse the net for properties. SM can work anywhere. But most places that appeal to us leave ME with an 1 hr to 1 hr 1/2 commute...one way. That's not good. Easily a 11-12 hour day. We'd have to get a newer car and gas will eat up some more cash... sigh. So I flip...and I flop. One day I'm hot, the next day I'm cold.
I just don't know if it's worth it to do now. But I'm grateful for the wake-up call. I'm grateful that SM is starting to re-consider our future too.
I've adjusted my "savings" mindset in that my home is my savings account for now. I can always sell this place when the time is right for a complete shift in lifestyle. Some point in the future when we don't need to live off the big city, when we can live in a smaller town with smaller paychecks and smaller lives.
Will it be tomorrow or 10 years from now? Who knows? Stay tuned.