Everyone's Talkin' Money | Personal Finance Tips To Stress Less and Live More
Everyone's Talkin' Money | Personal Finance Tips To Stress Less and Live More
Shannah Game, Money, Money Therapy, Personal Finance, Millennials, Generation X & Glassbox Media. If you enjoy BiggerPockets, On Purpose with Jay Shetty, The Personal Finance Podcast, The Mel Robbins Podcast, & Planet Money, this show is for you!
When Your Home Is Bigger Than Your Bank Account
26 minutes Posted Jan 29, 2018 at 6:00 am.
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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)


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