Thread: Trailer Trash ... or...Getting a New "House"..sorta...

house rent = $1000
power,water,trash= $300

trailer = $4000 (paying cash)
lot rent = $350
power = $100

so $1300 current living
-$450 trailer living
----------
$850 per month x 36 months = $30,600 saved to buy a real house


We can actually save more like $1200 a month

over 5 years it could equal a huge butt load of money

BUT WHY A TRAILER???

well if you think the housing market is depressed, you should see the trailer market !!!

this is a means to an end, but let's just let my wife think it was her idea
just wish I could have brought her around years ago

WE HAVE TOO MUCH STUFF !!
I'm tired of cleaning a big house all the time

WE HAVE TOO MUCH STUFF!!
losing 2/3 of our living space will force us to get rid of lots of stuff

HER PARENTS ARE COMING!!
but we can't all live in a trailer can we
NO !! no living with us

I WANT TO MOVE TO ANOTHER STATE BUT IT'S HARD TO MOVE ALL YOUR STUFF!!
so we get rid of it right?

I WANT TO RETIRE AROUND 50
but that doesn't happen if you live at the edge of your means your whole life

you see, we started in a small apartment, then a 900sq ft house,
then a 1700 sq ft house
1700 may sound like a small number to some of you, but I grew up in a small house and I see this as rampant excess

now when we go look at houses, do you think she wants
small?
medium?
large?
500 sq ft more than we have now?

RIGHT!

so we are "resetting our standards"
now in 5 years when we go look at a house
#1 our credit will be perfect
#2 we will have $$$$ 30-50k in hand
#3 living in a small house will make everything look big
#4 we can pick up and move because we don't have a ton of junk
#5 we can get a 15y mortgage instead of 30
#6 living at 35% of your means makes you so frugal that we can retire early on less money

TOPIC???

how big is your house?
what age are you going to retire?
what steps are you taking to make it happen sooner?
do you live at the edge of your means?
if so do you plan to change that?
and if you lose those means?

discuss