How much happiness does a nice big home bring you?
You always hear money doesn't buy happiness, but what about the family home? I'm at a crossroads when it comes to home ownership. I've got about 5 years left on my mortgage on a small bungalow and I'm trying to decide whether to upgrade or not. This past weekend I looked at a house that I loved. It had all the things that I don't presently have, garage, large MB with bathroom, large lot and even had a 700 sqft workshop/studio in the backyard. However, the thought of taking on a big mortgage made me want to puke. So I'm trying to decide if the house will make me happy or stress me out because of the debt and other added expenses?
A little added info, I'm mid-30s, married with an 18 month old daughter and big dog. My wife and I are both frugal people who don't believe in financing anything other than an education or house. Right now we invest more money than we put on the mortgage and having a large nest egg brings us comfort.
So does your house make you happy?
|