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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This sounds like a horrible, horrible idea.  But, if you are looking to make sure you stay in debt and live above your means, then go for it.

It's just a different way of looking at the world.  But, what do I know?  No debt at all.  $900K house paid off, no car debt, no college debt, and about $1.8 mil saved on a single-earner gov. salary household.  But, hey, if you want to take from your TSP to buy a house that you can't afford, good luck with that.[/quote]

Literally, how is this even possible? [/quote]

PP forgot the line that they inherited money and didn’t actually experience any humility. You know, it’s just a different way of looking at the world. I hope their family puts them in a nursing home- one of the low grade chains and pissed their money away on strippers and horse races.[/quote]

no.  no inheritance at all.  In fact, all of our parents are still alive.  Only one of my grandparents finished HS (a grandmother).  DH has a military pension.  Other than that, we invested in some real estate (not commercial) that we made some $ on, but we also lost money on housing.  We don't buy most things until we can pay for it (not including housing), we paid off student loans before we had kids.  We don't spend a lot... but we still spend on pretty much all that we want/need.  We invest $ and let the market help us out over time.... that's how you make $.  All of the $1.8 mil is money that we worked for, saved, and invested over many years.  We are in 40's/50's.  Our house was largely the culmination of living in Townhouses and investing in another and over time moving up to a SFH.  We actually lost money on our last two homes.... but did make some money in the 2000s.

The different way of looking at the world is not wanting to be shackled by debt and therefore, making choices that delay gratification until you can afford the next purchase. [/quote]

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