Monday, February 7, 2011

Couldn't Pull the Trigger

There was a brief moment this weekend where we almost bought a townhouse. We even had them hold the lot as we contemplated whether we were ready to jump in feet first. Then our carefully honed financial consciousness kicked in and we walked away.

Many of our friends and family have scoffed that we're more willing as a couple to go live in remote regions of the world than actually own something, but it's true we're still not quite there yet.

Brass tacks, we're still working on a saving for a down payment that's worth something. But we know the tide is finally starting to turn in DC where the market is showing signs of recovery, but finally you can get more for your money by buying not renting. So we'll get there, likely in the next year, but not today.

At least we know we love DC, we'll always call it home. Even if we wander far, our roots are here, they just don't have a mortgage.

We've worked so hard at achieving financial stability that we don't want to take on more than we're ready to do too soon. And yes, I still have moments where I think, well maybe we should pay off all of those student loans before we buy a house. And then I laugh, and think about how ridiculous that actually is, I mean seriously, we'd be nearing retirement before that would happen.

So, mindful fiscal living wins another round.

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