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Joe BidenCongratulations to our presumptive Democratic nominee, Joe Biden!

Response to BeyondGeography (Reply #3)

Mon Nov 25, 2019, 09:12 AM

4. Get a job

 

spend less than you earn, and save the rest. It also helps greatly to avoid my mistakes, like marrying the wrong person.

The biggest reason that homeowners have more money on hand than renters is that the skills needed to save up for a downpayment are the same skills needed to save up for retirement.

Edited to add: I don't see anything wrong with buying a home and paying it off for the long term, but when a realtor pushes the idea that buying a house is some sort of get rich quick scheme, I have to challenge that. Millions of people get sucked into buying at the wrong time (I know, I did it myself) when prices are at a peak, and it takes a decade or more for them to build any meaningful equity.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Replies to this discussion thread
Arrow 8 replies Author Time Post
BeyondGeography Nov 2019 OP
BeckyDem Nov 2019 #1
customerserviceguy Nov 2019 #2
BeyondGeography Nov 2019 #3
LineLineLineNew Reply Get a job
customerserviceguy Nov 2019 #4
BeyondGeography Nov 2019 #5
customerserviceguy Nov 2019 #8
redqueen Nov 2019 #6
BeyondGeography Nov 2019 #7
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