Will a Big House Make You Happy?

Inspired by a post on www.mrmoneymustache.com

Why do you, or your spouse, want a big house?

What are you trying to buy? . . . . . . Well most people think they are buying happiness.

  • Does you family really need that much room?
  • How may huge parties and family gathering are you going to have?
  • How long are you going to be able to bask in the ‘admiration’ of your friends?

When buying a bigger house than you really need you are just trying to buy feelings.

So how will you feel if you are:

  • Paying so much in mortgage you can’t afford a holiday?
  • Not having enough money to buy furniture for all those rooms?
  • Have to delay retirement because you are still paying for your house?
  • Hardly seeing the children because they have shut themselves away in those huge bedrooms?
  • Looking at rooms that are hardly used from one year to the next?
  • Worrying about how you will manage if the interest rate goes up?

Perhaps the house may become a constant drain on your happiness . . . . That’s always the risk when you buy what you would like, rather than what you need.

 

For more posts about planning a new home see Design

 

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