Everyone's Talkin' Money When Your Home Is Bigger Than Your Bank Account
When we think about the "American Dream" buying a home is certainly a core element. At least that's what I've been told. However, far too often I find people getting tempted into buying a home that's way too big for their bank account because society says, "you should buy a house you can grow into." I can tell you first hand that is a dangerous statement. When your home (or your mortgage payment) is bigger than your bank account the risks can far out weight the benefits.
On This Podcast Episode:
- Let's discuss the dangerous of buying a house bigger than you need
- How to define your ideal home
- What are some factors you should consider to buy the right home for you
- How can you balance your goals with your mortgage payment
- Life lessons I learned from the all too real lifestyle creep
- Why you need to make smart home buying decisions (and how to correct not so smart ones)
Links Mentioned:
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