It's easy to get carried away with visions of the life you wish you had, Hamm writes, but don't let daydreaming get in the way of financial reality.
Gaston De Cardenas/Reuters/File
I am really looking forward to the day where we move into the country. I dream about it, in fact.
I don’t really loathe where we currently live, but recent construction has taken away the nice view that I used to have out of my office window.
I like to think about wandering in the woods every day, enjoying a great view whenever I want it, collecting mushrooms in the spring…
It’s a vision that I daydream about.
Right now, we have enough cash on hand to buy the piece of land we want. We could break ground pretty quickly thereafter if we were willing to incur some debt.
Here’s the problem: we never, ever want to be in debt again. Period. Debt is not something we want to have in our lives.
So, we wait.
It would be so simple to give into that daydream. We could be moving into the house we want by the middle of next summer. I could have that view really, really soon.
To have that view, though, means going down a financial avenue that I don’t want to go down again.