Jun 14, 2012 9:43 AM
It's true my home is paid for, BUT, the cost of utilities, food, insurance, property taxes, and medicine have all skyrocketed and cost as much as if I were making house payments in the past. At the time in 1985 when we bought the house, poroperty taxes were $200 and insurance was $250 a year, our insurance now costs $2,750 and taxes are $750. Our house payments were only $300 a month. And our income has dropped tremendously. We are living on our savings and the little Social security checks we receive.