I was reading a blog this evening about aiming to downsize
Frugal Trenches is trying to downsize from a position of needing to work full time and without owning property, although also being debt free. Can it be done? Well of course I hope she finds what suits he best.
I don't know for sure but I would point anyone in the direction of Sharon who is an incredible woman and an inspiration.
Could we do it? No, If I am honest I don't think so. I am frugal, and I abhor waste, but I am happy to spend on what I consider to be assets that offer future security, so consequently I have a mortgage. I work 40plus hours a week (but I like my job - it matters )to get rid of my mortgage. I will do my best to keep working until the house is ours instead of belonging to Abbey. Then I can downsize or more accurately I can live my life in the style that I aspire too. (Actually downsizing would be pretty difficult as we already live in the world smallest house!). I am aiming for a long period of retirement & living more simply than we do now but I couldn't have done it without 30 or 40 years of 'playing the game' first. I admire those who started planning earlier & can reach their goals sooner in life & I do wish I had been a bit more sensible, but I am really going to appreciate my time at home when I finally get it!