Trading a Big House for a Tiny House

This story about a company in Missouri that builds tiny houses has an interesting lede: a family is selling their big house and moving into a tiny house even though they can afford the big house. The reason? The big house eats up so much money that they haven’t been able to go on a vacation in seven years. They’ve decided to live debt-free and be able make memories instead of spending all their cash on a big, impressive home.

I get it. I used to live in a big house. It was a great place to raise our large family, but it cost a lot in upkeep, utilities and (especially) property taxes. So I understand where the woman in the article is coming from. I imagine that no matter how much you love your house, when it begins to keep you from doing other things you want to do, you start to fall out of love with it.

I suspect this woman may find her new digs to be a little constrained. She might be better off buying something a bit larger than a tiny house, but more affordable than her current large home. In any case, we’re seeing more and more of this sort of thing as people try to stay afloat financially and enjoy life at the same time.

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Young and Mortgage-Free

I feel sorry for young people these days. Most of them don’t earn nearly enough money to pay for rent or a house payment, because housing prices are ridiculously high compared to incomes in many places.

But limitations spur creativity, as Thomas Edison used to say. This young man has come up with a way to have his own space without spending a small fortune on housing each month. More power to him!