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Our Lost Leisure: A Mortgage-Free Solution to Regaining Our Lives

The following is an excerpt from The Mortgage-Free Home: Innovative Strategies for Debt-free Home Ownership by Rob Roy. It has been adapted for the web. In 1991, Harvard economist Juliet Schor wrote a fascinating treatise on our entrapment in a voluntary (or involuntary) work ethic that turned us into a nation of workaholics, The Overworked American: the Unexpected Decline in Leisure (Basic Books, 1991). Some of her observations are startling:
At regular paying jobs. And weigh the previous fact against this: All this is very interesting, but what does it have to do with a mortgage-free home? Simply this: Released from the need of having to come up with the monthly mortgage payment, less money needs to be earned. Less taxes need to be paid. This can translate into more leisure time. Or not. It’s up to you. If you’re interested in slowing life to a manageable pace, check out Mortgage-Free! by Rob Roy. Related Posts: