I'm 42, married, 2 kids 7 and 11. No debt at all. House has been paid off for 6 months. I make 65-70k a year, wife makes about 5-10k working parttime. We save 10% + our (old) house payment of $800 since we no longer have that obligation.
I hate debt and I had this thing about paying off the house. At the time my job wasn't going the best (new management) so I figured if I had the house paid for I could kind of tell them ....to put it nicely... buzz off if I needed to.
Now, my job is better. Thing is, I basically bought myself nothing in the past 10 years so I could take the money and get the house paid for. We did stuff almost every weekend, but nothing that cost much. We drove old cars, wore thrift store clothes. All the extra money I had I paid on the house and I sold off my collectibles I've accumulated prior to that (baseball cards, coins, a couple cars I restored etc). Once I remember joking we could leave our doors unlocked because nothing in the house is worth stealing. It was kind of a good feeling. That's all good except...
I kind of "want" stuff again. Nothing too big. Maybe $5000 worth of some of the things I sold to pay for the house. Thing is, I wonder if that's the "right" thing to do? And I wonder if I get those things back, will it feed the "wanting" more and more?
Anyone ever go through this??
I hate debt and I had this thing about paying off the house. At the time my job wasn't going the best (new management) so I figured if I had the house paid for I could kind of tell them ....to put it nicely... buzz off if I needed to.
Now, my job is better. Thing is, I basically bought myself nothing in the past 10 years so I could take the money and get the house paid for. We did stuff almost every weekend, but nothing that cost much. We drove old cars, wore thrift store clothes. All the extra money I had I paid on the house and I sold off my collectibles I've accumulated prior to that (baseball cards, coins, a couple cars I restored etc). Once I remember joking we could leave our doors unlocked because nothing in the house is worth stealing. It was kind of a good feeling. That's all good except...
I kind of "want" stuff again. Nothing too big. Maybe $5000 worth of some of the things I sold to pay for the house. Thing is, I wonder if that's the "right" thing to do? And I wonder if I get those things back, will it feed the "wanting" more and more?
Anyone ever go through this??