When i bought my house. I paid off my debt and saved 3 months of emergency fund. 2yrs later, I was diagnosed with cancer. The following year as i was going back to the dr's and hospital to check for any remaining cancer cells. New management came in. And i lost my job. Having that money put aside. Help me get threw. Luckily i found a job two months later. I now have one year of monthly expenses saved. You just never know
You owe money to either a landlord with renting or the bank with owning. If you can afford to own a home with its expenses, you can at least get you money back in the end :)
When i bought my house. I paid off my debt and saved 3 months of emergency fund. 2yrs later, I was diagnosed with cancer. The following year as i was going back to the dr's and hospital to check for any remaining cancer cells. New management came in. And i lost my job. Having that money put aside. Help me get threw. Luckily i found a job two months later. I now have one year of monthly expenses saved. You just never know
the cons - More expenses and and bank slavery
bingo!!!!!
You owe money to either a landlord with renting or the bank with owning. If you can afford to own a home with its expenses, you can at least get you money back in the end :)