Posts Taged downsizing

8 Great Reasons to Downsize Your Home

Is your home still meeting your needs? For most people as they start their adult lives and possibly their families, they start upsizing to larger homes with bonus rooms and big backyards. What happens when the kids move out or your lifestyle changes? The word “downsize” may bring to mind recently retired folks who’ve decided to sell their big family home and opt for a sparkly new condo somewhere sunny, and with a pool a few steps away. While that is definitely one of the ways to do it, there are many more reasons to downsize. You don’t even have to be retired!

1. More Cashflow

The housing market in the Greater Seattle Area has been booming for years, and downsizing is definitely one way to create more cashflow. You could free up more cash with a lower or even no mortgage. With a smaller home you’ll also have lower utility bills and homeowner’s insurance; you may even save more with no more HOA dues or yard maintenance costs. It’s also a viable way to consolidate a lot of debt—and lower financial anxiety. For example, sell your home and with the profits, pay off your home equity loan, college loan, and credit card, then pay off most or all of your mortgage. If you’ve been in your home for at least 10 years and it’s value has gone up significantly, you can use that equity to your advantage.

2. Freedom

A smaller home is much easier to maintain. With our eldest launched, one in college, and one in high school, we no longer needed such a big house and yard. We downsized to a smaller but still spacious home with almost no yard, and with the house being brand new, there is nothing it needs in terms of updating or remodeling. Less to clean and keep up = more time for leisure! I’ve got a friend who is loving the freedom of her downsize from a single-family house to a condo in a doorman building. She calls it a “lock and go” setup because she literally turns one key and she can travel and work remotely from anywhere in the world.

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Organize Your Board Games

November days are short and rainy in the PNW. Fall sports seasons wrap up and we spend more time indoors with our families. Cozy weekend afternoons make a perfect time to play board games. This is also a great time to organize the board games you own. It’s as easy as tic-tac-toe.

Step One:

Board games need a central location where everyone can find them. Whether it’s a closet or a cupboard, the space just needs to be accessible and known to all the family members. Some families keep games in the children’s rooms. Board games for adults or older kids can go in a family room or another shared location.

Step Two:

You can’t play a game that doesn’t have all the pieces. Locate all the bits and make sure they are in the correct game box. Secure flimsy boxes with a large rubber band or a thin strip of Velcro. Toss any games with missing pieces. Donate unpopular games.

Step Three:

Sort the games. Group games played mostly by adults in one area, perhaps on a high shelf. Children’s games should be easily accessible to them. Utilize lower shelves unless it’s dangerous for very young children or toddlers. Use a lidded bin to store children’s wooden puzzles. Only bring out a couple of small puzzles out at a time and store the rest – that way clean-up is a cinch – you won’t spend precious time looking for lost puzzle pieces.

So, don’t fret the rainy afternoons or dark evenings, instead rally the family around the table for an exciting game of Exploding Kittens (no cats are harmed – I promise!) or an old favorite like Chess or Settlers of Catan. Thinking ahead to the holidays, if you would like to expand your collection with a new favorite board game checkout this list of the most popular board games of all times.

Some of us have a closet full of board games, but honestly, most of the gaming happens online. If you find that the only time you access the game closet is during a power outage, then consider really downsizing the volume of games. Be authentic to how your family spends time and consider whether the space being taken up by board games could be used for something else. Perhaps you have some craft supplies that need a home? Let us know if you’d like help figuring out how to best use the space in your home. We do love (excuse the pun) this kind of puzzle.

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13 Ways to Downsize Mom and Dad’s Estate

Downsize estate

Imagine the following scenario. Your 80-year-old father is relatively healthy, but recently you’ve noticed he’s become more forgetful and confused. You and your siblings suspect it may be time for your father to move to a retirement home or an assisted living facility closer to where you live. He currently lives alone in his 5,000-square foot home of thirty years. Your parents were very active adults with many interests and hobbies in retirement. In recent years, since your mother passed away, he has lost interest or the ability to take part in these hobbies. Apart from his bedroom and the kitchen, the rest of the home has gone unused for many years.

This would be an emotional time for your family. You and your siblings would be considering different treatment and housing options for your dad. Moving is a high stress event at the best of times, even more so for your elderly parent. The to-do list is long. You will need to unearth all his relevant financial

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