The Dark Side of Owning A Home.

The that we can talk about this because we oftentimes get to talk about the good and the positive and that happy parts of for personal findings but sometimes there are dark sides that we want to weigh into and matter of fact we like to weigh into all of the things

that you guys care about so right now we have the team out in the wings collecting your

questions if you want to get our thoughts get us to weigh in on something that you're curious about.

Make sure you get your question in the chat right now so that we can help you do money better.

With that, I'm going to throw it over to you, Creative Director,

Rebe. Yeah, we've got a question from Molly to kick it off. It says my husband and I

bought a home in 2021. We thought we were buying within our means, but are now overwhelmed with

maintenance costs and increasing monthly payments. Do we need to move?

Yeah, so I think a lot of people are in this situation now,

but because of a few different reasons.

One, let's remove for a moment the fact

that Holmes have gotten really really really expensive and that interest

rates have gotten high before that even took place owning a home is not an

inexpensive endeavor a lot of people just think, if I can figure out what the

mortgage payment is, if I can figure out the principal plus the interest, well then I

can just check the box. But it turns out that when it comes time for

home ownership, it's not the same as when you rent it.

It's not the same as when the air conditioning goes out.

I just call a landlord or I call a super or I have some sort of issue or I don't have to pay homeowners association dues.

When it comes to owning a home, there are a lot of other costs that factor in and if you're not factoring in those costs I think you can find

yourself in a situation like Molly where you're starting to think oh oh did I make a

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