You may be wondering why I would write an article about the cost to own a home … especially since this site is mostly about creating multiple income streams and building wealth. Well in order to build true wealth (in my opinion), you need to focus on the major expense categories. For most families like […]
Continue ReadingFor the past 3 years, I have made it a tradition to publish a post detailing our annual housing expenses. I have found that these summary posts have several benefits. For example, I like to know how much our family is actually spending each year to live in our home. I have a general idea […]
Continue ReadingWant to know what I consider my biggest financial mistake? Actually, it would be my wife and I’s combined financial mistake … which was buying a home that was too big for our family. About a decade ago, we bought 3,360 square foot home with a 30 year fixed rate mortgage. At the time, we […]
Continue ReadingMy family currently lives in a 3,362 square feet home with 5-6 bedrooms and 2.5 baths. The 5 or 6 bedrooms depends on who you talk to and what is truly considered a bedroom. But regardless of how many bedrooms we have, our house is just way more than what we need. I have estimated that we […]
Continue ReadingOne of my biggest financial mistakes was buying a home that was too big for our family. Well, actually my wife and I buying a home that was too big. We purchased our house almost 10 years ago, by taking out a 30 year fixed rate loan. After about 2 years of owning our home, […]
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