tag:blogger.com,1999:blog-8324995.post1703034714712300258..comments2023-04-02T06:24:10.328-04:00Comments on BLOOM: TGIF!!!Angiehttp://www.blogger.com/profile/17219027826284514702noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8324995.post-61963268108643015762008-06-02T15:54:00.000-04:002008-06-02T15:54:00.000-04:00We are very minimalist when it comes to all the ne...We are very minimalist when it comes to all the new gadgets. It's often hard, especially with my 9yo, when he's around other kids that have all the latest and greatest and then he wants to have it as well. I am not willing to go into debt for whatever the hottest product of the moment is, to keep up with the Joneses, or to keep up with the rapid pace of technology and the need to have the upgraded version of everything. I do find that I have a lot of trouble making friends though because people just don't understand what we believe in and why. Oh well, their loss.flmomhttps://www.blogger.com/profile/12781812205765728149noreply@blogger.comtag:blogger.com,1999:blog-8324995.post-70970098104802987142008-06-02T01:00:00.000-04:002008-06-02T01:00:00.000-04:00You mentioned it twice so I just had to post. I k...You mentioned it twice so I just had to post. I know it's not gardening but I just had to.<BR/><BR/>Right before we found out we were pregnant with our first (5 years ago), we were in the same frame of mind as you are. We wanted a way to get debt free and in my words, owe nothing to nobody...<BR/><BR/>So we refinanced down to a 10 year fully amortizing mortgage. The rate was very favorable, but it still meant we doubled our monthly payment. For me that was necessary because if it was optional I wouldn't do it. <BR/><BR/>Now we're five years from paying off the house and couldn't be happier. Cash flow's tight but our kids don't know any better. We scrip and save and use birthday money for any toys we would have never thought twice about buying before. The kids do classes not toys, experiences not junk. <BR/><BR/>We're nowhere near perfect, but we're working on many of the same things you're considering. If you can't swing a refi to a shorter amortization, then put aside money for extra payments. You'd be surprised how much you can save over time paying that off sooner.<BR/><BR/>Good luck and love your blog!Sinfonianhttps://www.blogger.com/profile/03973076975622726383noreply@blogger.com