Comments on: There Are No Rules

By: J. Money

J. Money — Wed, 25 May 2016 15:54:21 +0000

In reply to Linda @ Brooklyn Bread. Yes, def. pros and cons on both sides, but one costs a lot more money and time than the other ;)

By: Linda @ Brooklyn Bread

Linda @ Brooklyn Bread — Tue, 24 May 2016 15:44:37 +0000

Living in a place where we can only afford to rent, I try to remind myself to be thankful for never having to replace a boiler. “Replace a boiler” is short hand for my husband and I about all the terrifying things we know nothing about, being renters. I am vague on exactly what the boiler does, but I have some sense it is an expensive big deal. But it does suck when your landlord won’t let you paint your kitchen cabinets- that’s when I wish I owned my kitchen.

By: J. Money

J. Money — Mon, 23 May 2016 19:14:26 +0000

In reply to Lake Girl. Haha... sounds cozy, can I join? :)

By: J. Money

J. Money — Mon, 23 May 2016 19:13:54 +0000

In reply to Financial Samurai.

Oh wow!

Well, I don’t know about the sitting empty part haha, but yes – I can confidently say that I don’t miss an ounce of owning that old place :) I still have some happy memories from first moving in and having our child there and all that goodness, but it was 100% the right move and it feels a ton lighter walking around these days!

The best is when it rains or snows hard and I don’t have to worry about anything breaking since I’m not responsible for anything anymore :) It does feel strange to pay rent sometimes, but I wouldn’t have it any other way right now.

Def. worth considering for simplification reasons. Especially if you love to travel and like moving around a lot… We haven’t done much of that since having kids, but we hope to again sometime soon. It’s great not having “things” you’re attached to out there :) At least psychologically speaking… I think you’re more in tune w/ the financial aspect of things than I am though, so of course you have to weigh that part pretty heavily as well.

By: J. Money

J. Money — Mon, 23 May 2016 19:08:08 +0000

In reply to Elle @ New Graduate Finance. Yes indeed! Every day is a chance to redo or change or start anything you want :) It won't always be easy but we're lucky to have free will!

By: Lake Girl

Lake Girl — Wed, 18 May 2016 10:44:21 +0000

Love this post! It is so true… When I took a risk and went from full time to per-diem work I took a giant leap. But I wasn’t really scared because in the back of my head I knew I could simply resume full-time work again. A giant risky leap all wrapped up in a security blanket! mylittlebluekayak.com

By: Financial Samurai

Financial Samurai — Wed, 18 May 2016 09:18:21 +0000

Hey J,

Do you still feel great not owning your place versus when you first sold? How does it compare now (even happier you sold) versus then?

I ask b/c I’m contemplating selling my own condo this year to simplify life. I might even just let the place sit empty for 2 years to try and get as much tax free profit as possible due to this rule. I don’t want to deal w/ tenants and responsibility anymore!

Sam

By: Elle @ New Graduate Finance

Elle @ New Graduate Finance — Wed, 18 May 2016 04:33:45 +0000

This is something that I need to remind myself of more.

I get really frustrated and fixated in one moment, and then I snap back to reality and realize that there are no rules, and that I can make my own decisions!

Great post.

By: Stuart Wills

Stuart Wills — Sun, 15 May 2016 22:08:37 +0000

This is a huge debate and even here in New Zealand we see this talked about from time to time. Personally I like the fact that we own our own home, but that is more about the security and stability rather than for any economic reason.

By: Sarah @ Couple of Sense

Sarah @ Couple of Sense — Sun, 15 May 2016 20:38:19 +0000

I think this is very inspiring and something that everyone should remember. I believe that individuality is the best part about personal finance but a lot of people get to a point where it is one way or no way to succeed. Thank you for sharing your thoughts.