How does this happen?

Have you ever signed an internet petition? Often they are for great causes, and other times it's someone letting off steam about something that irritates them.

I recently received one started by a lady upset that she had to pay tax on her redundancy package.

I'm not here to debate the merits of the tax system, but in her petition she mentioned being 66 years of age and still having a mortgage to pay. What? How can that be? Surely there's something wrong when a couple who have been of working age for 50 years are still making house payments.

This is precisely the kind of terrible situation that I'm hoping to help people avoid.

At this age Linda and her husband should be able to spend time with their grandchild and relax a bit. They shouldn't have to be spending their time chasing the government to change the federal tax system. I hope they sell up, pay off the mortgage, and move into something smaller and/or more affordable. They can have more time with the family and never have to worry about mortgage payments again.

PS. Trivia: the word mortgage is Latin for 'death-pledge' but paying for a home shouldn't take up our whole life.

Comments

5 Reasons why we hoard - and they're wrong

"Less is More" is one of the catch-cries of downsizing. Often the fewer things we have the more we value them. So it's a great title for a book that's basically a manual for how to de-clutter your home. The introductory chapter of Less is More: How to De-clutter Your Life gives some great insights into why we find it so hard to reduce our stuff. Here are 5 of them - the last one is one of the biggest for me. 1. The cost of holding on. We were raised by our parents and grandparents and in their day items were expensive and space was cheap. It made sense in those days to hold onto stuff just in case you ever needed it. But today housing is expensive and items are cheap. It's hard to change a habit, but now we save much more by downsizing. 2. Keeping it in the family. For some reason we prefer to give things to those close to us. Again this was viable in the days of big families and lots of children to receive hand-me-downs. But these days we have smaller fa...

20 unplugged ideas

May 1-7 is Screen-Free Week . It's about spending time away from the screen and more time with each other - or doing things we love. It's a great chance to break the work-tired-watchTV-ads-shop-work cycle. This list of twenty alternative ideas is great for screen-free week. It's also a great reminder of things we could enjoy if we're shopping and spending less - and maybe working less and enjoying life more.

Will robots take your job?

The future could be very different. It's one reason I started this blog. What will technology mean for jobs? For incomes? For society? So I was excited to find Will Robots Take Your Job? at my local library. What does the book say? There's always been technological change and we've always found jobs. As the more laborious jobs were taken by machines, we took on higher skilled jobs, moving further up the "skill ladder". The main question is whether this time is different. Will the "skill ladder" continue to have higher rungs for humans to move on to? Will these rungs appear as quickly as the current rungs disappear? Either way we're headed for significant disruption. Either large-scale re-training of our workforce or massive unemployment. The author despairs that our leaders seem not to talk about this - and worse still, not have a plan for it. Farmers or horses? In 1870 about 75% of Americans worked in agriculture and used 25 million hors...

But wait... there's less!

Search This Blog