With the holiday season now behind us, it is time to get back to reality. I really haven’t spent much time working these past few weeks, but I decided that taking some time off is not a crime, sometimes it is even a necessity. We all need time to regroup and plan for the work days ahead – I always need to justify why I do things including taking time off.
Well, with the housing market not slowing down in Canada, my advice to those of you who are looking to buy a new home, make sure you have a realistic plan. Make sure you know what you can afford and be truthful to yourself about what you truly need. Don’t be seduced by a larger home when you really can get by with a smaller one. I have said this over and over again, NEVER BE HOUSE POOR!! Believe me, you will not enjoy your new home if you are stuck inside it day in and day out because you can’t afford to do anything else. Your home should be a place of comfort, relaxation and most importantly contentment. You can’t possibly have those things if you live from pay cheque to pay cheque to just to pay the mortgage.
I guarantee that you can enjoy a smaller house or condo just as much as a larger home because no matter where you live, it’s what you do to your house or condo that makes it uniquely your own. Truthfully, size has nothing to do with it.
So, just to reiterate, my first bit of advice in the new year is, be realistic when choosing your new home. Location is very important so find the area that you want to live in and then choose the house or condo that is perfect for you and for your budget. You will be much happier and more content if you can live without financial strain. Feeling content is so important for your happiness and well being. Contentment truly is wealth.