Comments on: Debt reduction by downsizing http://www.mightybargainhunter.com/2006/04/16/debt-reduction-by-downsizing/ Personal finance, commentary, and spending less the easy way Fri, 19 Mar 2010 14:24:44 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: mbhunter http://www.mightybargainhunter.com/2006/04/16/debt-reduction-by-downsizing/comment-page-1/#comment-1261 mbhunter Mon, 17 Apr 2006 02:46:50 +0000 http://www.mightybargainhunter.com/2006/04/16/debt-reduction-by-downsizing/#comment-1261 Hi Suz, thanks very much for your comment! (I edited your first comment according to your second comment and deleted the second one.) I think that Gary North's intent with the mobile homes was to give people as much of a cushion as possible while allowing them to maintain their privacy and independence. It also is a possibility that some people cannot afford a stick-built accommodation within their means. Hi Suz, thanks very much for your comment! (I edited your first comment according to your second comment and deleted the second one.)

I think that Gary North’s intent with the mobile homes was to give people as much of a cushion as possible while allowing them to maintain their privacy and independence. It also is a possibility that some people cannot afford a stick-built accommodation within their means.

]]> By: Suz-at-Large http://www.mightybargainhunter.com/2006/04/16/debt-reduction-by-downsizing/comment-page-1/#comment-1254 Suz-at-Large Sun, 16 Apr 2006 19:14:07 +0000 http://www.mightybargainhunter.com/2006/04/16/debt-reduction-by-downsizing/#comment-1254 I'm not familar with Gary North but found this post very interesting. I'm 57.8 years old and working full time. Two months ago I sold my townhome and bought a condo that even with a lot of remodeling cost half the sales price of my townhouse; and my mortgage debt is now 40% of what it used to be. My monthly overhead (HOA fees, utilities) costs are also less than half here. I'm only two miles from my former home. I don't live in a slum, I have a nice 1200 sq foot condo with lots of nice features in a well-built and well-managed complex. Downsizing has been tough in many ways but it's all about getting positioned to make a serious career change. This time next year I can be drawing a nice monthly retirement check, and though I'm planning to be working at something if worse comes to worse now that I've dumped that big house I CAN live on that retirement alone! Don't know about the mobile home thing, though. Hard to believe you couldn't find some sort of stick-built accommodations within your means. I’m not familar with Gary North but found this post very interesting. I’m 57.8 years old and working full time. Two months ago I sold my townhome and bought a condo that even with a lot of remodeling cost half the sales price of my townhouse; and my mortgage debt is now 40% of what it used to be. My monthly overhead (HOA fees, utilities) costs are also less than half here. I’m only two miles from my former home. I don’t live in a slum, I have a nice 1200 sq foot condo with lots of nice features in a well-built and well-managed complex.

Downsizing has been tough in many ways but it’s all about getting positioned to make a serious career change. This time next year I can be drawing a nice monthly retirement check, and though I’m planning to be working at something if worse comes to worse now that I’ve dumped that big house I CAN live on that retirement alone!

Don’t know about the mobile home thing, though. Hard to believe you couldn’t find some sort of stick-built accommodations within your means.

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