This is the plan: Once discharged (last payment to trustee will be 10/08), I will sell my house. Net proceeds at today's value should be at least 65K, but since I live in paradise favored by wealthy retirees, 200 yards from the ocean, it might well be a bit more by then. Anyway, I will spend no more than 20K on a Lazy Daze RV, which will be my "fulltime house" for as long as I am able to drive and can afford the gasoline (I'm convinced that we are at or near peak oil NOW). I intend to see every corner of this country, spending time volunteering in national forest and national park campgrounds, at national monuments, etc. I have my solar panels and inverter in the shed already, and living expenses will be minimal.
I will also put 20K or as much as necessary into a good piece of land in a northern state, most likely WA, where the heat will be bearable in 20 years when life in Southern states will no longer be feasible (global warming, lack of electrical power, drinking water, etc.). That way I will have a place to park my motor home and grow my own food. The rest of the money I should probably put into gold, since that green stuff probably won't be worth a darn much longer, the way the government is going.
The one thing I will NOT do is go into debt. I currently have a few credit cards with 0 balances, have never missed or been late on any payments (I was current the day I filed Ch 13 and had excellent credit), and will probably continue to keep a credit union visa card just for emergencies, but that's it! The only reason people think it's necessary to have "good" credit is, because they want to continue to be "consumers". I'm sitting here surrounded by a house full of absolute clutter. None of it necessary for happiness, that's for sure. There is a level of possessions and comfort we should all strive for called "ENOUGH". I'm looking forward to packing my 3 cats and 1 dog into that 150 sq. ft. motorhome and hitting the road.
I will also put 20K or as much as necessary into a good piece of land in a northern state, most likely WA, where the heat will be bearable in 20 years when life in Southern states will no longer be feasible (global warming, lack of electrical power, drinking water, etc.). That way I will have a place to park my motor home and grow my own food. The rest of the money I should probably put into gold, since that green stuff probably won't be worth a darn much longer, the way the government is going.
The one thing I will NOT do is go into debt. I currently have a few credit cards with 0 balances, have never missed or been late on any payments (I was current the day I filed Ch 13 and had excellent credit), and will probably continue to keep a credit union visa card just for emergencies, but that's it! The only reason people think it's necessary to have "good" credit is, because they want to continue to be "consumers". I'm sitting here surrounded by a house full of absolute clutter. None of it necessary for happiness, that's for sure. There is a level of possessions and comfort we should all strive for called "ENOUGH". I'm looking forward to packing my 3 cats and 1 dog into that 150 sq. ft. motorhome and hitting the road.
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