Most of our large expenses were already locked in when I started stacking. We’re looking into downsizing and cost cutting, but it’s financially complicated.
I’ve mostly just cut back on discretionary expenditures, like snacks and video games, which is undoubtedly good for me anyway.
My wife wants to move to a bigger house. She suggested we just rent a bigger house and rent our house out and at first I was thinking “nah that just sounds like a pain in the ass” but then I started thinking “why don’t we just sell our house”. I will use the proceeds to pay for a couple years of rent in the bigger place and then put the rest in bitcoin. My parents want to downsize in a couple years so when they want to move we can move into their house.
I am now seriously considering this idea.
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Yea, alot of people I know that say "we will rent out the original and move into a bigger home" don't know all the downstream implications of doing this. It can be another job depending on the tenant.
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Always depend if you want to keep a larger share of profit, but then you have to get involved a lot more... The best is to have teenagers that will mow the lawn for a fraction of what a maintenance company would charge, but then you have to manage the teenager :P
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Video games are one of my crutches too.
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