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@ / thesmallfarmerlife Buying Land To Live Free vs Buying A Home Using Debt For Life
If you are like most people or are told what most people are told and that is to buy a home which means in many cases getting a Mortgage which will last 30 - 40 years. This means you need to make sure you have the money to keep up the payments on that property until it is paid off, which will probably be when you retire. This can cause lots of stress not just for you but also for your family.
Or you could buy some land and start a small rural business on that land and live debt-free, stress-free and all the other benefits listed below that come with owning your own land.
Financial Freedom:
Discover the freedom of owning land without the stress of a mortgage. Build at your own pace and within your budget.
Customization:
Unleash your creativity!
Customize and personalize your living space exactly the way you want it.
Lower Initial Costs:
Enjoy the benefit of lower upfront costs compared to a traditional down payment on a house.
Sustainable Living:
Dive into sustainable living by designing an eco-friendly home that aligns with your environmental values.
Reduced Debt and Stress:
Embrace reduced debt and financial stress by choosing land ownership over a mortgage.
Investment Potential:
Consider land as an investment, with the potential for appreciation over time.
Location Flexibility:
Choose your ideal location, whether it's a serene rural setting or a spot near your workplace.
Building Equity:
Build equity over time by making improvements and adding structures to your property.
Enjoy Fresh Air:
Experience the joy of living in the open, breathing fresh air, and connecting with nature.
Grow Your Own Produce:
Start your garden and enjoy the satisfaction of growing your own produce for a sustainable lifestyle.
Raise Animals:
Consider raising animals for eggs or meat, adding another layer of self-sustainability.
Support Yourself:
Ultimately, work towards supporting yourself from your own land, enjoying a self-sufficient lifestyle.
Conclusion:
Buying land offers financial freedom, customization, and a chance to live sustainably. Consider the benefits that align with your goals and share your thoughts in the comments below. If you found this video helpful, don't forget to hit the like button, subscribe for more content, and stay tuned for our next insightful video.
#livingonyourland #smallfarmer #buyingland
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