Money Guy Show Best and Worst States for Saving a Down Payment on a Home
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Jan 7, 2026 Discover how your state affects the time it takes to save for a home down payment. The hosts analyze a recent ranking revealing the fastest and slowest states, highlighting shocking insights from places like California and New York. They also introduce the 3-5-25 homebuying rule and discuss smart savings strategies. Plus, they tackle listener questions on financial topics like retirement contributions and refinancing options, all while celebrating two decades of empowering financial growth!
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Location Choice Drives Affordability
- Consider cost of living when choosing where to settle; house prices vary widely by metro vs suburbs.
- Factor local housing costs into career and life-location decisions early.
Value Rentals But Keep Primary Conservative
- For net worth reports, you can mark rental properties to market but consider listing primary residence at cost.
- Prefer cost-plus improvements for personal homes to avoid inflated, illiquid net worth.
Use Purpose To Choose Valuation Method
- For rentals, income generation often matters more than short-term appreciation.
- Use the asset's planned use and liquidity needs to decide valuation method.
