A Bigger Home Than You Really Need
Research has been made on happiness and materialistic purchases which show that the novelty and happiness of purchasing big homes decrease over time. If you’re dead set on owning the biggest home you can afford you might find yourself regretting it down the line. Not only will you have to shoulder the costs of expensive upkeep but you’ll focus your income on mortgage payments instead, stifling your savings.
Peace of mind over your financial future is far more important than brief happiness. Super savers claim this is one of the most important cost cuts they’d taken into account when preparing for retirement and we think you should take their advice.
