Consumerism can very generally be defined as a preoccupation with and inclination toward the buying of consumer goods. There are other interpretations as well but to simplify it – we work more, to earn more, to spend more.
While there are different types of consumerism, the decision to buy a home falls into the category of “purchase with a high amount of decision making”. These types of purchases are usually unfamiliar and expensive and the items are bought infrequently – cars, homes, or computer systems for example. The buyer often invests a significant amount of time gathering information before committing to the purchase because there’s a high degree of risk financially.
Buying a new home
When looking at scaling down, you’re going to spend a lot of time on that decision. What items can you not live without in a smaller home, and what can you easily dispose of? If you’re at a place in your life where you don’t want to worry about so much “stuff”, you’ll need to be honest with yourself in your assessment and get rid of whatever is surplus or not used.
Is your new home move-in ready or are you going to do some renovating. If you’re renovating, will you consider the type of materials you use? Are they environmentally friendly, are they sustainable? Are they durable or will you end up replacing them again before long?
Informed purchase with your home
To avoid falling into the consumerism trap, you’ll want to make sure your decisions are made based on as much information as possible. Are the materials going to last or will you be replacing it all again in a few years? This can apply to both the house structure itself, as well as the fixtures and fittings inside. Can you lower your impact on the environment by using more energy efficient items or fixtures that help reduce your water consumption?
Give careful consideration to the purchases and investments you make. Evaluate whether or not they are a necessity or a luxury, the origin (how it’s made and where) and what impact it may have on the environment. Then make your decisions based on what best meets your needs, in the most economical way.
If you are considering moving, call one of our expert agents today at RE/MAX of Nanaimo at (250) 751-1223. They can help you find exactly what you dreamed of when you first thought of scaling down.
From RE/MAX of Nanaimo’s humble beginnings, to the market-dominating business it is today, the company continues to grow and adapt to suit client and agent needs. Some things, however, never change. Our commitment to service, ethics, and continual education means that our clients can benefit from the knowledge and experience of Nanaimo’s top real estate professionals, while our REALTORS® benefit from a working environment that supports their professional and personal growth.