Hello, one ever. My name is Jesse Meakum with another episode of the One Am podcast where

we teach you four rules to help you stop if you paycheck to paycheck, get out of debt

and save more money. The question today, we have, because Amy sent this question into

me, by the way, just a reminder, if you want to ask a question and be potentially featured

on the podcast, you send that question to ask Jesse at unitabudget.com. Now you're getting

my advice. So, you know, that's just, that's what you got to deal with. That's the constraint

here is of my intellect and experience and worldview and all that. So, you know, you get

what you pay for, as they say, and as will Amy. Today, so Amy says that her husband and

she are longtime wineappers, very cool, hoping to make the transition from apartment life

to purchasing a house in about a year. But, but but with high inflation, rising mortgage

rates and rising house prices. It's hard to know how much to say for what is a moving

target. We don't think we can make it to a 20% down payment, but it seems wise to

buy, then pay even higher rent next year. Any tips or advice for first time home buyers

in this fluctuating market. So, a couple of things with the cost of money going up and

the value of money going down, that's inflation or rates, then yeah, this can be a bit of

a moving target. Now, hopefully with rates increasing, we're also seeing commensurate rise

in salaries, cost of living adjustments and things like that. I don't know if you all have

noticed, but prices are higher and hopefully those prices flow all the way down to labor

costs and people are getting paid a little more because essentially the dollar is worth.

Last, I think I looked this morning in the Wall Street Journal and they said 8% was was the track

I have never seen that in my life. I think I was born, but I wasn't paying attention to inflation

as a five-year-old. As a six-year-old, I really got into it, but five. No, not so much. So,

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