How Much Home Can You Afford?
When it comes to buying a home, it’s easy to get caught up in the process and go after homes that may be too much for you.
I’ve known hundreds of people who have gotten lost in the realtor/viewing process and let the real estate professional convince them that they could afford a home—when realistically they could not, given their financial situation. You have to be smart and make sure you are calculating your own numbers so you have clarity about what you’re buying and how it will affect your monthly budget and long-term financial plan.
In this week’s Financially Wise Living episode, I share an example to help you understand exactly how much home you can afford.
WATCH this week’s video now.
Ready for more help in your financial life? Then schedule your 30-minute Discovery Session with me so we can talk about how I can help you through my financial planning services. You can use this link to schedule your session today: www.timetrade.com/book/713kh
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The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial adviser prior to investing. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.