We bought our first house in 1970. It was a small 3-bedroom, one floor house with a one-car garage. It was the commitment of a mortgage for the first time in our lives that made us hesitate. The house was only $20,000, and the monthly payment was less than $200. But at the time we were not sure that we did the right thing. However, everyone was doing just that! The house was located in a nice new subdivision in Lexington, KY. In addition, we found out that our VW bug was just too small for our daily use, given our expanded family. So we traded it in for a large Ford station wagon. Another monthly commitment was made! Take a look below at our possessions.