When you think about downsizing, you imagine people who have just retired or whose children have all left home. Despite this common point of view, there are the other reasons for people to downsize.
Most people have a dream to live in a big house that represents their status and position in society. However, having such an expensive possession may prevent you from realizing a lot of other dreams and financial goals. For some of your desires you can take out easy loan for a short period. But you can’t solve all your goals with such financial assistance. You need to have your own financial basis to make your dreams come true. So, read the article to understand what you can get from downsizing.
You Can Travel More
You might have never thought that a big house can prevent you from traveling. The problem is that you can leave for weekends, but you can’t leave the house without someone for a long period. This is a question of safety. You need to think about possible thieves that are attracted by your big and luxury house. Also, there can be different problems with water taps or even electrical wiring. So, you need to ask someone to stay in your house while you are out. This creates extra difficulties.
But, if you have just a flat, you can ask your neighbors to keep an eye on things. You can rent it or let your friend move in for the period you are away. There are different variants more appropriate for people living not in big houses.
You Are against Consumerism
People who live in huge houses have a lot of free space to fill with different things. In such way women tend to have walk-in closets with lots of clothes. But they don’t use even a half of all their items. You are buying different furniture for all these rooms you rarely use. You are becoming a consumerist who depends on things. You also have different problems that you have never thought about choosing a big house.
But these who live in a small apartment simply have no place for all these things. They have learned to appreciate favorite things and choose what they really need. Doing that, they also have more money to spend for emotions and memories.
You Have More Free Time
Living in a big house requires you to spend lots of time for household chores. You always have something to do in the yard, organize and clean, fix something and repair. Such routine work can be endless, especially if you have a full-time job. This means that you simply have no time for rest and your family. But living in a smaller house takes less time for all necessary work. So, you can spend your free time for really interesting and important things.
You Can Spend Less
It’s quite expensive to maintain a big house. You need to pay for all utilities, as well as take care of your courtyard. These regular payments are eating out a significant part of your income. So, downsizing you can save a lot of money just not paying so much to utility companies.
All provided reasons can make you think about changing your house for a smaller one. Such step can save not only your money, but your time as well. You will have more opportunities to use your free time. You will be less dependent on your house and will feel really free.