We sold our old home in Framingham in 2004, and moved to the house we are in today. It was a choice we made after learning the hard way, that less space and more awkward space closer to 'stuff' for more money was way worth the larger/nicer home further away. We got rid of quite a bit of stuff before our move. I can't remember if I had read this
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As for the home remodel, try and think of it this way - your house is your BIGGEST asset. Anything, and I do mean anything, you put into it will have a positive impact. On your lives (with the new porch) and with the value of your home long run (the siding) If anything you should have taken out a BIGGER HELOC and made that part of your expense plan, and left your savings alone. Debt for a good reason when you're in a stable situation with a payoff plan (and a contingency plan!) is never a bad idea.
M's like you - I've mentioned taking a loan to do some work on the house and he's looked at me as if I had a hole in my head and says "But we have savings!" Which I consider a base for our potential next house. What I lack is a plan that he can live with. And that's just how you're both built, which is totally OK!! :D
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I think I'm trying today that you are such an insightful, cool individual. I have long enjoyed your perspective. I love this journal entry!
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