Paul Humeniuk, a 45-year-old personal trainer, sold his condo and moved into a Rosedale apartment and now finds he has enough money to travel and put some aside for retirement.
Renting means a fit bank account
February 11, 2011
Special to the Star
“A year ago I asked myself, ‘do I want to be working non-stop and not taking vacations just to pay a mortgage?’ ” says Paul Humeniuk, thinking back to his past life as a condo owner. “I’m self-employed and I was working so hard that I thought, ‘am I eventually going to make myself sick?’ ”
As a personal trainer, Humeniuk, who is a fit and healthy-looking 45 year old, knew better than to allow stress to make him sick. So one day he had an epiphany. He saw himself without the burden of ownership, a weight lifting off his shoulders like the ones he pumped as a teenager that led to his passion for physical fitness and helping others get in shape.
“My plan was to get back in the market, but with no time frame attached to it,” he says. He looks around his minimally furnished, 830-square-foot one-bedroom apartment on the edge of the Rosedale Ravine, for which he pays a mere $1,225 a month, including parking.
“Then I found this and became spoiled.” Continue reading