Keeping expenses low is the way to be and not keeping up with the Joneses is the way to do that. A modest life is all I need.
-Curt ________________________________ From: Peter Frederick <psf...@earthlink.net> To: Mercedes Discussion List <mercedes@okiebenz.com> Sent: Friday, July 11, 2014 6:16 PM Subject: Re: [MBZ] (no subject) No bargains in red states for nice houses, you still gotta buy carefully. The secret, so far as I can tell, is to have a job with a real retirement (fat chance these days) and to buy a house in a neighborhood that will still be decent when you retire and PAY YOUR HOUSE OFF rather than keep using for a line of credit. Vast numbers of people lost their houses in the "downturn" because they had not paid them off, just kept borrowing against them to "renovate and raise the value", leaving them with more debt than they started with and now no job. You might not have a McMansion with 6000 sq ft of space you will never use, but if it's paid for and has no mortgage, you only have to pay the property taxes and utilities to live there! Peter _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com All posts are the result of individual contributors and as such, those individuals are responsible for the content of the post. The list owner has no control over the content of the messages of each contributor. _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com All posts are the result of individual contributors and as such, those individuals are responsible for the content of the post. The list owner has no control over the content of the messages of each contributor.
