During 2008, Hari and Karl Berzins lost their home and restaurant business. The recession hit them hard, but they didn’t let their misfortunes stop them from moving forward. They learned their lesson and vowed never to use credit again. So when they rebuilt, they did so on a small scale.
They used their small savings to buy a plot of land in Virginia in 2011. There, they built a home that’s smaller than 200 square feet. And they couldn’t be happier.
By avoiding debt, the couple is saving up money to build a bigger home for their growing family on their land.