Page 5 - Downsizing
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2. LESS IS MORE IN
MANY CASES
When people hear the word The point is this: While many people
“downsizing,” they often associate it look at downsizing as something sad
with older people, retirees, empty or negative, it doesn’t have to be.
nesters, or people headed into Certainly, there are some emotions
assisted living or nursing homes. and memories attached to your
While those are certainly people who house but don’t overlook the life,
are likely to consider this, they’re not lifestyle, and memories you
the only ones. can create in your next home.
So if you’re on the fence about
More and more people are seeking downsizing, spend some time
less house to call home. Housing has considering the possibilities and your
become more and more costly, and future...
the upkeep, maintenance, and bills
are more costly the bigger the house • Think through whether you need
is. the amount of house you currently
own.
But it’s not just something that • Consider how much of your house
people do for the cost benefits… you currently use versus how
much you don’t.
People are doing it because it’s • Spend some time truly thinking
becoming “cool” and desirable to do. about what you want and need in
Just look at the “tiny house” your next home
movement. Although it’s an extreme
example (most people can’t and
won’t fit themselves into such a tiny
space), luckily there are plenty of
alternatives to choose from.
What’s so appealing about this to so
many people? Freedom. Less to worry
about. Less on their minds. Less costs.
Lower property taxes. More liquidity
and money to do things they love or
want to do.
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