As the last of my kids head off to school a little over a year from now, I look forward to downsizing, particularly in the area of housing. I can easily half my rent once my kids are in college, and I can't wait. My car is paid for (though it's a 20-year old Volvo, so all bets are off on how long it lasts). And though I really think I'll be able to do away with cable in the future, my Internet is a must-have, not only for my job, but also for entertainment.
Downsizing can mean some much needed relief during this hard economic time. My Dollar Plan has a great article on the subject. It's Should We Downsize? Have a look. If you've recently downsized, drop a comment and share how you've cut your basic cost of living.
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