Reply to What is it like to be “house poor”?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We are House limited. The stretch in our budget for housing means we have to pick and choose the extras. We can do a vacation, but that might mean we wait on doing the interior painting we want to do on the house.  Big, unplanned expenses- like appliances breaking down, or whatever- mean that our vacation budget might be tighter.

It has required us to be diligent in our budgeting, plan ahead for most expenses, delay certain fixes/home preferences, etc.

Totally manageable, and worth it to us.[/quote]

Isn't this normal budgeting? We are not house poor or limited, but we don't expect to do all the things every year.[/quote]

Yeah but there are all sorts of levels of budgeting. We didn’t push our housing because for example I never want to think about how much we spend on groceries. But some people don’t want to NOT think about how much they spend on groceries even if things aren’t tight. I prefer to have enough budget for day to day stuff that I just check every month that the credit card bill (we use one for joint/household expenses and just pay it in full every month) is not insane and then don’t think about it again until the next month. Repairs always get done and there’s no worry about it (possibly we should have less cash in savings but that’s another question). [/quote]

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