Upgrading to a larger house or a bigger car is exciting. And the sense of achievement and pride that come with it? Priceless!
But downsizing? Absolutely degrading! After all, it’s the American dream, right? No one would actually do it unless they really have to, right? Wrong.
Bidding goodbye to many of their prized possessions, and even risking loss of prestige, perceived or real, many people are opting for minimizing. And those who have already taken the plunge enjoy a more carefree life without a backward glance.
Other than easing the financial burden, or freeing themselves up to cruise round the world, could there be other benefits in minimizing?
Well, minimizing can bring you a number of health benefits, both mental and physical. They may not persuade you to downsize, but they’ll definitely give you some more reasons to smile if you’re considering a major shift in the right direction.
Many Americans have gone off grid because they wanted to escape the rate race, because they simply didn’t care to “keep up with the Jones.” They’d rather focus on needs than wants and desires. So they downsized.
Smaller house – less stress and more joy
When you sell a larger house and move into a smaller one, whether you have a financial necessity or not, you’re likely to reduce your monthly outgo. Even if the payments were not too large, and you had never ever felt the pinch, complete freedom from mortgage is a big stress buster. Even a small reduction brings relief.