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Living below her means:
Karen Stewart, 39, marketing specialist, Neptune Beach, Fla.

Money equals freedom in this society.

Our only debt now is our mortgage, which is less than $50,000. No credit cards, no car payments. Nada. And it's a great feeling.

We are on an accelerated schedule to pay off the house in seven years or less. We'll have paid a 15-year mortgage in 10 years. Once that is done I am going to start a fund.

We have the prescribed six months of living expenses in fairly liquid savings vehicles, but wouldn't it be great to have enough money in the bank so when your boss boils your brain one time too many, you can just say, "I'm gone. I don't need this job!"

Life is too short to be hostage to your possessions and crazy co-workers.

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I got a dose of reality on having too much stuff when I had to evacuate because of hurricane Floyd in 1999. There's nothing like having to fit everything that is important to you in the trunk of your Mustang to help clarify your priorities and make you realize you've invested way too much money in meaningless things.

-- Posted: Feb. 2, 2001


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See Also

In their own words -- Lori, 30-something, marketing, Columbus, Ohio

Andrew White, 25, Web site developer, Toronto, Canada

MAIN:Living below your means can de-stress your life

AND: Tips for living below your means

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