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Reply to "How do people "upgrade" houses? "
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[quote=Anonymous]Adjust your worldview. Your embarrassment with regard to your townhouse is self-imposed, not anything objectively shared on your behalf by anyone. The key to financial success is to live below your means, which you may be doing now. if you upgrade your lifestyle with a more expensive home, will you still be living below your means, or will you be exchanging more working years before retirement for the bigger house? As note earlier, you may be able to have a bigger home in a different location while keeping your expenses close to what they are now, but that requires flexibility on your part with regard to where you live geographically in return for the bigger house. Everything is a trade-off, but it may be neither wise nor prudent to trade a bigger home for a higher level of expenses if your income can't comfortably support the higher outflow. [/quote]
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