Reply to How did you afford your $1M plus home?

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[quote=Anonymous]This is going to sound silly, and probably says more about my spending habits then anything else, but I was shocked with how much money we saved over Lent last year... because during Lent I gave up Starbucks, packed my own lunch every day, and only bought the things at Target that were written on my list when I went in.  Those three little things seriously saved me several hundred dollars a month.  Do you have something similar you can cut out?

We got into our $1M home with substantially lower HHI (we're about $240k combined annually, currently have one daycare and one afterschool care, no student or other loans, no family $ obligations or gifts) because we bought something not awesome in a great school district (for $710k), saved for five years, then put on the major addition that made the house be our perfect foever house.  Now it's valued at about $1.1M.

OP, it sounds like your interests in moving are two fold:  (1) better schools; and (2) larger than what you're in now.  You might consider buying something in the better schools area that is similar to what you have now, but that in a few years, once more is saved up, you can make into your perfect home.  If you can't afford both upgrades at once (while being in a comfortable for you financial place), why not try to come up with a way to do it piecemeal?[/quote]

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