• Episode 24: The Rationale For Downsizing And Does It Make Sense?

  • Jul 19 2023
  • Length: 26 mins
  • Podcast

Episode 24: The Rationale For Downsizing And Does It Make Sense?

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  • Summary

  • This episode covers a very specific topic. What happens when you consider downsizing? There are lots of reasons why people consider downsizing, but when you get right down to it, it doesn't always make sense. First, there's the financial side of it. Most people downsize, thinking their monthly mortgage payments will be less. Second, a smaller home should be less of a burden on you. Although many people think downsizing is relegated to empty nesters, a lot of other people also downsize for a variety of reasons. In this episode, I'll use my own personal example to describe the conundrum you can find yourself in when you do the deep analysis and perhaps realize that maybe downsizing just doesn't make sense after all. At least not right now. Everyone mistakenly makes it look so easy. Just sell all your junk and move into a smaller home. It's not as easy as it looks.

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