Next let’s talk about the items in the “wants” camp. Take a look at the way you are accustomed to living. If you entertain a lot then you might focus on a home with a large dining room and kitchen, or maybe a deck and pool. Or, if you don’t see this playing a large part in your regular activities, then turn your attention to other interests. A game room, or an area for a wood shop? Things that cater to a hobby or interest are really a luxury, you must recognize, and should be treated as such for evaluation in finding the right place in line and matching up to the figure they will require.
As you can see, the line that separates wants and needs may vary significantly between individuals depending on income, plans, and how much maintenance they are willing to do, just to name a few aspects. This is a good time to sit down and make a priority list with your spouse just what it is you want to have for entertainment or recreation — these are your wants — and make sure they are not unwittingly prioritized ahead of things you need in order to be safe and secure in your living situation. With these concepts firmly in mind, it’s time to move out on the idea!