03/29/2026
Is your Nest Now Empty?
Downsizing your Home The Highest Impact Financial Move you can Make!
Youβre looking for a new place to live, so, like most Americans, you look for a place that is larger than your current residence. But, WAIT! You do something unexpected. You move, but not to a bigger home. You move to a smaller home β one that is far below the national average.
In the process, youβve just successfully executed possibly the single highest impact financial tactics known to mankind: youβve downsized (or right-sized, some might say). Moving to a smaller home not only takes a hatchet to the highest expense you will likely have (your housing costs), but it alsng costs by virtue of less space to heat and cool
Reduce your property taxes (if you own)
Reduce necessary maintenance
Reduce renovation costso allows you to:
Reduce the need to buy stuff to fill the home: less empty space = less stuff bought
Sell off extra furniture or clutter that you donβt need
Reduce your heating and cooli
Reduce home insurance premiums
Reduce cleaning time/costs
One move suddenly has a domino effect of more than a handful of additional cost savings and lifestyle benefits. Less stuff, less maintenance, less cleaning, and less costs = less stress and more time and money to do things you really want to do.
10 years ago my wife and I downsized from the American Dream, a 4 bedroom 2.5 bath two story with swimming pool on a big lot into a condo. 30+ years of treasures had to go. 3 garage sales and a score of trips to Goodwill got it done. No more grass cutting, leaf raking, snow shoveling I