It's funny that when I owned my first home I was actually able to live on very little once it was paid off. Maybe $500/month for basic expenses (utilities, prop tax and insurance, food, etc..) but now that i rent my expenses are much higher. Of course I do have that home equity from the sale in the bank earning (a tiny amount )of interest to off-set my higher monthly expenses. If interest rates were higher then it would be a bit more even. But for me, being Lazy Lindi ;-)!), I really enjoy renting compared to owning so the extra expenses (for now) are worth it and I don't worry about the endless maintenance, repairs and potential costly future expenses that home ownership requires.
So true flowerseverywhere. Thank you. As a neighbor of mine with a very green thumb once said, "You can't put a price on the garden." For me, that alone makes me feel like a millionairess. From your screen name I'm guessing you have a beautiful garden, too. People in other parts of the world woud be ecstatic with my tiny cottage and rectangle of flat, fertile land. I have the time now to appreciate it and enjoy it.
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