disneysteve
DIS meet junkie
- Joined
- Sep 29, 2002
http://ca.pfinance.yahoo.com/ca_finance_loans/11/how-we-paid-off-our-house-in-three-years
For all those who think they couldn't possibly save anymore and there is no way to get ahead, here's a good story. These folks lived on the bare minimum and saved 80% of their pay. They bought and paid off a home in 3 years. Granted, they earned a substantial income, but they also worked their tails off to do so. Not everyone could be as extreme as this couple, but I think there are some good lessons there.
There was also an article in MONEY this month about a family (with kids) who vowed to not buy anything new (with a couple of exceptions) for an entire year. Everything would have to come from thrift shops, flea markets, trash picking, hand-me-downs or borrowed. Again, an extreme route to go but evidence that living on a lot less than most of us currently do is very possible if you really set your mind to it.
For all those who think they couldn't possibly save anymore and there is no way to get ahead, here's a good story. These folks lived on the bare minimum and saved 80% of their pay. They bought and paid off a home in 3 years. Granted, they earned a substantial income, but they also worked their tails off to do so. Not everyone could be as extreme as this couple, but I think there are some good lessons there.
There was also an article in MONEY this month about a family (with kids) who vowed to not buy anything new (with a couple of exceptions) for an entire year. Everything would have to come from thrift shops, flea markets, trash picking, hand-me-downs or borrowed. Again, an extreme route to go but evidence that living on a lot less than most of us currently do is very possible if you really set your mind to it.