Get Rich by Thinking Small?

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Ever wonder how much money you spend on stuff you don’t need? I never did - at least not until I started this blog. Eighteen months ago, I actually hoped to get a 3000+ sq. ft. McMansion. Why would we need a place that big? It is simply because we have so much stuff. Life stepped in and moved us across the country, but without this blog and if we were still in Boston we might find ourselves extremely house poor in a huge home right now.

I have some friends who have purchased big homes - 4 or 5 bedrooms. Very few of them have children and much of that space seemingly goes to waste. I remember that it was quite expensive for them to furnish. In the winter their heating bills are higher. In the summer, it’s the same thing, but with air conditioning.

In the 3-4 years, we will be looking to purchase a new home. We’ve started to think about what size home would be the best fit for us. I suspect we’ll go with something around 1800 sq. feet. The stumbling block is that we’d love to be able to entertain and that seems to require space. Otherwise perhaps we could go all out and get a a really, really small home. Sometimes, I think we could save and invest a lot of money if we could get by with a small home.

Tomorrow I’ll write about a few very specific steps we took in preparation of living a little smaller. I’ll close with an excerpt of one of my favorite comedy routines.

That’s all your house is: a place to keep your stuff. If you didn’t have so much stuff, you wouldn’t need a house. You could just walk around all the time. A house is just a pile of stuff with a cover on it… That’s what your house is, a place to keep your stuff while you go out and get…more stuff! Sometimes you gotta move, gotta get a bigger house. Why? No room for your stuff anymore. - George Carlin

This post deals with: ... and focuses on:

Frugal

Posted by Lazy Man on September 11, 2007

22 Responses to “Get Rich by Thinking Small?”

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  1. 22
    Bowflex SelectTech 552 Dumbbells Review Says:

    [...] you’ve got limited space for your gym equipment, or you are just trying to save money by thinking small, the Bowflex SelectTech 552 Dumbbells may be the perfect answer to your problems. These innovative [...]

  2. 21
    A Small Tribute to George Carlin… Says:

    [...] I’ve spent much of day trying to decide if I should post something about it. It almost feels like if I didn’t, he could still come back tomorrow and we’d find that it was a big mistake. It seems like it was just yesterday that I was praising him for realizing how stupid it is to get a McMansion back in the 1980s. [...]

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