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Optimal Finance Daily - Financial Independence and Money Advice

2018: Is a House Right For You by Michelle Schroeder-Gardner

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 4 September 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

Michelle Schroeder-Gardner of Making Sense of Cents helps you determine whether or not a house is right for you Episode 2018: Is a House Right For You by Michelle Schroeder-Gardner Michelle Schroeder-Gardner created Making Sense of Cents in order to help improve her own finances. With diligence, she was able to pay off $38,000 in student debt in 7 months, kept track of progress, and helped readers along the way. She's currently touring North America and living out of an RV. You can learn more about her and see her monthly income reports at MakingSenseOfCents.com. The original post is located here: https://www.makingsenseofcents.com/2013/08/is-a-house-right-for-you.html Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Optimal Finance Daily, Episode 2018, is a house right for you by Michelle Schroeder

0:07.0

Gardner of MakingSenseOfSense.com and I'm your host and personal finance enthusiast, Diana

0:13.6

Mariam.

0:14.6

Let's get right to today's post and continue optimizing your life.

0:23.2

Is a house right for you by Michelle Schroeder Gardner of MakingSenseOfSense.com?

0:30.0

I want to say thank you to everyone who left a comment on my post the other day about

0:34.4

what percentage of housing expenses are relative to your income.

0:39.0

I received a lot of great responses and hopefully it will help people determine if a house

0:43.9

is right for them or not.

0:46.0

So many people don't realize that there is more to a house payment besides just the actual

0:51.3

payment, mortgage, insurance, taxes, maintenance, etc.

0:56.4

It seems like a hot topic in the personal finance community is whether a person should

1:00.8

rent or buy a home.

1:03.2

What if you're not sure if a house is even right for you?

1:06.4

Maybe an apartment would be better.

1:08.7

There are many factors to think about before you buy a home.

1:12.8

When we were in the process of buying our first home, there were a lot of things to factor

1:17.0

in.

1:18.0

Yes, we were really young when we bought our house.

1:20.6

We were 20 years old.

1:22.5

Now I don't know if I would recommend buying this young for others.

1:26.4

It has worked out for us but we had to overcome many hurdles in order to get where we are.

...

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