Rich Girl Roundup: Is the "30% on Housing" Rule Still Useful?

The Money with Katie Show

Money with Katie

Self-improvement, Education, Business, Investing, How To

4.8 • 1.3K Ratings

🗓️ 11 March 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

We've got some range for you today: Dissecting the recommendation to spend 30% on your housing (and if it's outdated), stories of folks receiving inheritances and homes from their parents, and a social experiment on gender and appearance. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Reminder: This is not financial advice; we are not certified financial professionals—please do your own due diligence. Transcript, show resources, production credits, and more can be found at: https://moneywithkatie.com/30-housing-rule. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Rich Girl Random!
0:02.0	Random!
0:03.0	I think I need more water.
0:05.0	Okay.
0:07.0	Just take lunch so I have like weird chicken throat right now. Right now.
0:16.0	Welcome back, Rich Girls and Boys, to the Rich Girl Round Up.
0:20.0	It's our weekly casual conversation version of the Money with Katie show.
0:25.0	I'm your host, Katie Yatti Tossan.
0:27.0	Here's a quick message from our sponsors. If you're dreaming of a white picket fence outdoor space you don't have to share
0:40.0	and peace and quiet that's far from city noise you might have the
0:45.0	burbs on the brain. Considering a move away from the city will take more than
0:50.0	trolling the real estate listings, especially now that the competitive spring market has arrived.
0:56.3	Stay ahead of the curve and team up with Suburban Jungle.
1:10.0	Suburban Jungle is a free concierge service that will help you develop a personalized strategy for your big move. Their experts do the research for you, leveraging quality insights and a town-first approach.
1:15.6	Once you found the one, aka the town, Suburban Jungle will introduce you to a top-notch real estate agent who can help you snag your dream home.
1:25.5	Get started at Suburban Jungle Group.com
1:29.6	slash Money with Katie that's Suburban Jungle Group.com slash money with Katie. Before we get into it, this week's upcoming main episode is about lifestyle creep, which is something that I thought we had covered on this show before I've
1:54.8	addressed it so many times it feels like but it turns out we've only really
1:59.1	talked about it in the blog, in writing.
2:02.6	So I was like, oh, this will be fun.
2:04.4	We'll do a little stroll down memory lane.
2:06.6	We'll review five years worth of philosophical reflections
	...

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