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comment by WanderingEng
WanderingEng  ·  2919 days ago  ·  link  ·    ·  parent  ·  post: Pubski: March 30, 2016

When I bought, I bought well below what banks, etc said I could afford. I think it's been good for my mental health because I have less at risk and more money in my budget for other things.

It's just a little condo, nothing special. At the risk of sounding smug, I plan to have it paid off in July.

Budgets are good.





user-inactivated  ·  2919 days ago  ·  link  ·  

Budgets are great. I hope, that with the price range we're looking in and if we play things smart, we will have our house paid off early. That's the goal, but life of course might play out differently.

WanderingEng  ·  2919 days ago  ·  link  ·  

    life of course might play out differently.

Which is why I don't borrow up to my eyeballs! I want to feel like I have options if life throws a curve ball. I've been very fortunate and very lucky, but I can't be sure that will always be true. My father's mindset (and I think it's generational to an extent) was to borrow as much as you can and spend the rest of your life paying it off. That just doesn't work for me.