How Can I Get Into House Hacking?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 8 February 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel, Kristina Ellis, & Jade Warshaw. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	You're listening to Ramsey everyday millionaires where we talk retirement, building wealth,
0:10.5	and outrageous generosity.
0:12.8	All right, let's get to the phones.
0:15.2	Robert awaits us in my hometown of Boston, Massachusetts.
0:18.5	Robert, welcome to the show.
0:20.3	Hi, Horgas.
0:21.3	We are doing great.
0:22.3	How can we help?
0:23.3	Thanks for taking me call.
0:25.3	So I'm 23 years old and I just paid off my student loans in one year, which is $27,000.
0:30.7	Way to go.
0:31.7	Thank you.
0:32.7	Thank you.
0:33.7	So I have an IT job right now, making $70,000 a year.
0:37.2	And with that, I get a 401k and a 4% company match.
0:39.9	So I put 10% in right now.
0:41.6	And I think that's looking pretty good.
0:44.8	So I live at home with my parents from three right now.
0:46.8	My pay all my expenses and I have no debt at all, actually.
0:52.0	So I'm thinking of doing house hacking and to move out eventually in a couple of years.
0:56.2	And I was wondering how I should get started with that and what do you guys think I need
0:59.3	to save for that?
	...

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