3 ms·
I shaked that feeling many years ago (2008 crisis, so same anxiety as you I guess; layoffs all around etc) by buying a house. I did not have much money so I had
by tluyben2 4y ago
I shaked that feeling many years ago (2008 crisis, so same anxiety as you I guess; layoffs all around etc) by buying a house. I did not have much money so I had to move to a much cheaper country, but the weight did suddenly drop off as at least no need to pay rent or mortgage (paid cash; interest was high at the time), and the house will gain in value as well. Moving turned out to be greater than we thought; everything is cheaper and suddenly after everything, monthly cost was slashed by 60+% which now became pure savings. And as I always worked from home as software engineer, so my income went up while cost stayed more or less equal (with some inflation, however even this year, things here didn’t really get more expensive for us outside gasoline).
Anyway; for me, owning a house removed all the (unfounded) money worries I had while renting.