I know that a lot of folks opt for a simpler lifestyle in a lot of ways post BK, but I was wondering if there were any posters here who moved toward (or are planning to move toward) a homesteading lifestyle post BK. What is eventually steering us toward BK is the fact that we were caught up in the rat race. My wife and I both went to college because our parents pushed us toward it (we were both first in the family to attend) so we did it, incurred the debt (both student loans and credit card debt from living on our own), etc... Then we started to do all of the normal stuff, getting engaged, married, bought a house, started a family, and so on... We are basically overleveraged in terms of debt and had the economic boom kept going we probably would be ok and well on our way to paying our way out. However, I'm stuck in an entry level job that I got just out of college-I figured I'd be here 3-4 years max and would move up (I took the place of someone who had done the same thing-I'm in what was a very high turnover industry)-now here I am going on year six making the same money. My wife is on teaching job number three as the school budgets keep getting cut and the non-tenured staff gets the axe every time.
In any event, we are hoping that freedom from debt and the ability to live simply and finally save will allow us to move to somewhere there is cheap housing and land (Maine is a place we're looking hard at) where we find nearby employment and perhaps start a business of our own. I know someone up there now who does landscaping in the spring and summer, snowplowing and firewood sales in the winter, and handyman type jobs year round. Housing is cheap, property taxes are low, and life just moves at a slower pace. I would like to do something similar, but put more of an emphasis on homesteading-growing, raising, and hunting our own food, having a large enough woodlot to provide ample firewood, etc... Wondering if anyone else has similar plans?
In any event, we are hoping that freedom from debt and the ability to live simply and finally save will allow us to move to somewhere there is cheap housing and land (Maine is a place we're looking hard at) where we find nearby employment and perhaps start a business of our own. I know someone up there now who does landscaping in the spring and summer, snowplowing and firewood sales in the winter, and handyman type jobs year round. Housing is cheap, property taxes are low, and life just moves at a slower pace. I would like to do something similar, but put more of an emphasis on homesteading-growing, raising, and hunting our own food, having a large enough woodlot to provide ample firewood, etc... Wondering if anyone else has similar plans?
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