(Continued from Part 2. This concludes the article.)
Financial Concerns, Taking a Vow of Poverty
In my case, retiring early and cashing out most of my 401k took a leap of faith to say the least. It helped that I was debt-free and willing to put up with almost any inconvenience and suffer financially if necessary if it meant finally getting to live my dream life in the country. That was my primary goal above all else. How to get by if the funds ran dry was only a secondary concern that I’d deal with later if necessary. That’s how bad I wanted to make it happen. If I had to stock shelves at my local grocery store until my social security checks started rolling in, so be it. If I had to live off my preps for five years, what an opportunity!
For those who want their own little place in the boonies but think they just can’t make it happen, I can’t stress enough this mindset of taking a leap of faith, tossing convenience to the wind, adopting the attitude of sucking it up, toughing it out, and doing whatever it takes to make it happen. If it becomes your primary goal in life you can make it happen. And I’m not just parroting Vince Lombardi here. There are much cheaper ways to build a residence than I did, I just had a certain kind of house in mind since way back when. Sheetrock and paint are much less expensive than wood walls inside. Some people can start out in a mini house and then upgrade later, then generating income by renting the mini as an Airbnb. The norm before mortgages were invented was to build a very small one- or two-room house when the family was small, designed to be added on to later. An addition was added as the family grew, and often a second addition later on, if needed.Continue reading“Moving to the Country: If Not Now, When? – Part 3, by St. Funogas”