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if you have successfully and happily down-sized in a big way


walkermamaof4
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Can you tell me about it? How much did you decrease in your house payment? Did you need to do lots of work in the new-to-you house? Did you resent the whole ordeal or was it freeing? How did your kids handle it? What benefits have you experienced? etc... Convince me! I feel like we need to get rid of our mortgage if we can. But it would mean giving up a lot. It's a hard bullet to bite! Thanks for any input.

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One thing to keep in mind is the reduction in overall debt load. You may end up having monthly payments that are not substantially lower, but your total mortgage debt can be significantly reduced. We are often so focused on what works for our monthly cash flow that we lose sight of our overall financial package.

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