Thoughts on $950,000 Homes

They're airing some pricey home listings on the cable today. Those televised listings are the catalyst for this post. So, here it goes. I wouldn't pay $950,000, $960,000 for a home. If I'm in the $950,000 price range, if I'm so close to spending $1,000,000, why not spend $1,000,000? Then I could say I have a million-dollar home. It's that simple.

Purchasing a $950,000 home is like running 9.5 miles and quitting. You're so close to 10! Who stops running at 9.5? If you run a half mile more, you can say you ran 10 miles. Since you're in the vicinity, you might as well pull the trigger. Don't spend $950,000 on a home. Spend $1,000,000.

If you can't handle $1,000,000, you probably shouldn't spend the 950.