Luke 12:16-20 Jesus told them this parable: “The ground of a certain rich man yielded an abundant harvest. He thought to himself, ‘What shall I do? I have no place to store my crops.’ “Then he said, ‘This is what I’ll do. I will tear down my barns and build bigger ones, and there I will store my surplus grain. And I’ll say to myself, “You have plenty of grain laid up for many years. Take life easy; eat, drink and be merry.” “But God said to him, ‘You fool! This night your life will be taken. Then who will get what you have prepared for yourself?’
The American Dream includes owning a home. It is important that you have a place to call home. You should provide a safe place for your family to live. Owning a home is also a sign of success. But, there can be a down side to owning a home. Many think the bigger the home the better. The area we live in is packed with neighborhoods full of huge houses. My recommendation is to buy a reasonably sized home, not more than you need. I bought a big house when you were young, and it was a mistake. It was a really nice house, and we enjoyed it. But, it was bigger than what we needed. It cost a lot of money and caused financial stress for me. I should have bought a smaller house.
Several years ago I sold that home. I have moved twice since then. Both times, I downsized where I live. Nowadays, I live in a small condo in Reston Town Center.I actually don’t even own the condo, I rent it. I love it. The condo is big enough for the three of us, and Reston Town Center is a great place to live. RTC has lots to see and do, and is conveniently located off the Dulles Toll Road. I plan to stay here for many years.
Last night I went to a party in a neighborhood full of very large houses on ten acre lots. The houses were beautiful, and reflect the large amount of money that residents in our area make. While I make decent money, I do not earn the kind of paycheck required to finance a mortgage over a million dollars. Many years ago I would drive through these kind of neighborhoods and dream of owning one of those mansions. But I am no longer envious. I prefer to live in a nice reasonably sized home. To me – it is the better choice. I recommend you do the same.