My name is Katy and I am 53.
For quite a long time, I was a very unhappy slave of a low paying job-- a slave due to a mortgage and hospital debt which sucked every last dime from me. After losing my job and house soon after an expensive broken leg(in 2008) and going underground, I learned survival skills like how to eat healthy food for pennies per day, and now am emerging to live a different kind of lifestyle. I am highly influenced by the "green," tiny house, DYI, freegan, self sufficiency bunch.
I have been reading many of these posts, and what I have seen has been that the main issue that leads to job-slavery is the mortgage. That's what I have found. It costs money to work. I paid for 7 years, and got just a fraction of what I owed taken care of. Although I think that renting is better for some people, to live debt free, I feel you need to own your "parking space."
I have devised a way to pay for a small place with no savings (now) in about a year-- maybe 24 months. I forsee a small house less than 1000 sqf. (A fixer-upper).
How does a 53 year old, single woman with no assets or savings and no retirement, and no husband, or second income, save enough to buy a house within 24 months? I got my CDL, and will be driving a truck. This is a good paying job. I will make better money than I have ever made in my life, and keep my expenditures down to the lowest level possible. With good planning I hope to save 20K per year.
That is the experiment I am about to plunge into at the end of July. I have already lain the groundwork. I have researched where to find good houses for 20K and under, some as cheap as 12 to 15K. I have found a means of making good money while living anywhere I want, whether in a city or in the country.
I've also learned to live on as little as 5 to 7 K per year. I eat vegan food, mainly grains and fresh vegetables. This is also a wellness issue. I mainly cook in a small rice cooker. using very little electricity.
I am highly anti-consumer. I was never much of a shopper. I find good quality things and buy them cheaply-- or find them.
After my tiny little 15-20K house is mine, I will move to part time work, and still make a decent paycheck while working less hours, and enjoying my life more. Perhaps 3 nights per week driving, I can make between 15-20K per year.
I will consider myself partially retired at that time, and work on my writing and art.
I have found a lot of interesting topics on this forum already-- and would also like to start a blog following my journey to early retirement/financial independence.