Maria, sweetling, I admire all your shapliness, and your gi-normous brain.
Why thank you Gus, dahling.
Debt, however, sux!
l stand firm. Debt that can be written off on taxes isn't necessarily a bad thing. Most people can't afford to drop $200k+ in one shot on a house.
I can leave your DF out of the thing. He has a job. People have desires. Neither of these is his fault.
No, and he's not one of those who will push someone into something that's not good for them. He (and those who work for him) really try to improve a person's financial situation while satisfying their desire to own their own home.
Store $750 K versus borrow $750 K.
What good is it if you don't have a pot to piss in? Renting is not the best solution for everyone.
Yeah, I'm kind of looking forward to living in the place while I'm accumulating all those many Ks, rather than just giving it to the landlord.
I'm not sure how I am to store money I don't have. Renting I was spending about 500.00 less, and no tax break
In Daily Show news, that Reza Aslan is one cutehead religious scholar. There are like 15 or 20 guests that Jon Stewart should just rotate, instead of having to have movie stars and shit.
Store $750 K versus borrow $750 K.
Don't forget that the item for which one borrows said money will appreciate in value, sometimes substantially. DF's best friend bought a house less than 2 years ago for ~$450K, and last week's comp check said the house is now worth $700k. He's made $250K in less than 2 years. Show me any other investment that has that rate of return in the same time. Plus, he can deduct his interest on his taxes.
that Reza Aslan is one cutehead religious scholar
Isn't he adorable? Also atriculate. But, so adorable!
The news is depressing me.
Debt that can be written off on taxes isn't necessarily a bad thing.
Debt written off on taxes. What is the amount in the bank account?
Less.
Check it. Seriously. Check the numbers. Can you rent your way ahead of the interest? Yes, if you save, at interest.
If you can't rent and save, something is wrong with your rent, or your income.