This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Earning More Vs. Spending Less, Round 1: Housing

All along we have thought of our small-space living as practice for some day when we'll be in New York, or Tokyo, or who knows where else, but we've been feeling cramped lately. Creatively, frugally, minimally, apartment-therapy cramped.  Tiny houses can be a giant pain sometimes.

Is it really necessary?

We could find a studio or office space outside our home to free up our living room, and that would make things more flexible, but it would cost more money. And since ours is a “passion” line of work, we do it at all hours of day and night. When you're up at 3am editing video, or writing, or painting, it helps to be near your own kitchen and bedroom, not in a deserted building under green fluorescent lights.  Our situation simply calls for bigger housing. Or doesn't it?

Next year we're going to be in an artist residency (free housing and free studio space for a few months). After that is over we'd like to move to a more spacious and safer home. But we could also sublet our place so we come back to it, and continue saving money.  Both options have their pros and cons.

Yes, people are poorer and more cramped in the third world, but we don't live there, and we're just two human beings with earthly desires.  We can argue until we 're blue in the face about what is a “need”, but fortunately in our society no citizen's committee can tell you that you have to be content with your housing allocation. It's a free country. And right now, we're feeling restless.

Our next goal: earn more

Should we focus more on earning so that we can move to a bigger place, or just be happy with what we have?

We would like to move, and we'll work on earning more with this goal in mind until it happens or something changes our minds. Are we asking for “lifestyle inflation,” dear readers? Or are we being reasonable?   Counter-cultural frugalistas will see us as hungry capitalist pigs, but more advanced capitalist pigs will laugh at the squalor of our daily life.  No matter what you do, you can't please everyone.

And so, to improve our lives while staying in balance, we will make more money and add to our savings before we move to our next place.

4 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,678.23 -40.31 -0.23%
S&P 500 2,056.15 -4.90 -0.24%
NASDAQ 4,863.3620 -13.1570 -0.27%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs