tag:blogger.com,1999:blog-6787157690355329112.post8685495954330272168..comments2024-03-13T08:03:38.906-07:00Comments on Frugal Freedom: Deciding Not To Decide Is Still A DecisionUnknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6787157690355329112.post-86787335398994743382012-05-10T21:47:39.373-07:002012-05-10T21:47:39.373-07:00Lee, I love your outdoor ideas. I would love to d...Lee, I love your outdoor ideas. I would love to do that too but, like you, want to be around to enjoy it when it's done. Sure would be nice though to have an oasis in the backyard.Daizyhttps://www.blogger.com/profile/08075279944974601962noreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-61637377927347865782012-05-10T21:45:09.725-07:002012-05-10T21:45:09.725-07:00Dave, right now the parents want to rent something...Dave, right now the parents want to rent something on the other side of town. I should know a year from now because my nephew will be starting high school and the school they want him to attend will direct their house choice. I guess I should save for the AC and then just save cash for the next unknown step.Daizyhttps://www.blogger.com/profile/08075279944974601962noreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-12711241383413844692012-05-10T21:37:17.393-07:002012-05-10T21:37:17.393-07:00Lizzie, I ruled out that plan in the beginning bec...Lizzie, I ruled out that plan in the beginning because of the bumpy road and lack of hospitals, doctors, grocery stores, etc...out there. Maybe someday there will be some useful services out there.Daizyhttps://www.blogger.com/profile/08075279944974601962noreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-32497647141437955872012-05-10T07:25:16.814-07:002012-05-10T07:25:16.814-07:00I am in a similar situation - my parents will live...I am in a similar situation - my parents will live with me for the next two years. There are a number of improvements that I'd like to make to the house, if I'm going to stay in it, but at the end of these coming two years, I might want to be rid of this house. Or I might want to further postpone the improvements and get closer to a paid-off mortgage. A lot is up in the air, and I just don't know how I'll feel about it in 2014. <br /><br />I've decided to stack up cash as if I'm going to make those improvements in two years (about $50k for a small kitchen reno and an outdoor living space with pergolas, fireplace, water features...ahhh...) <br /><br />So in place of a specific housing goal, I'm making my goal the cash amount (so I don't spend it all on gardening supplies, yarn, trips, and going out) and then in two years, I'll make my decision and have the cash to act.<br /><br />Since you can't decide which option to save for now, maybe pick the most costly and make your goal the cash pile.<br /><br />-LeeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-9312198111362428702012-05-10T04:56:29.463-07:002012-05-10T04:56:29.463-07:00I think the first things you need to figure out is...I think the first things you need to figure out is which place you want to live in, and which place your parents will want to live in. For your parents, it might not be either place - might they want to live someplace else? This will greatly influence your decision as to what you can sell, and that (along with where you end up living) will influence the kinds of improvements you choose to make.<br /><br />But if I had to choose one home improvement you should make no matter what, I think it is the A/C now that you have 3 people living there along with all the dogs.<br /><br />The rental property is trickier because ou don't have control over that cash inflow and it can end at any time.Davehttps://www.blogger.com/profile/05503978839912338538noreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-4137844231117531972012-05-09T03:50:22.640-07:002012-05-09T03:50:22.640-07:00Coudl I confuse the situation further by suggestio...Coudl I confuse the situation further by suggestion you & parents build, togther or separately, on the land and all live there? and rent out this property along with your other one?Lizzie @ her homeworldhttps://www.blogger.com/profile/18257339462096688164noreply@blogger.com