Sharing insights since 2007 on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom! Facebook’s primary type of investment spending is the purchase of your home is a dream that many can relate to. My first experience with real estate came when my wife and I almost bought our first home in March of 2007.
We were very excited at the time because it was going to be our first house and we even drove over to see other similar houses in the same neighborhood at 3:00am. We decided in the end to hold off because we thought the housing downturn would get drastically worst. That turned out to be one of the best decisions we made financially, as we essentially side stepped the worst housing slump in US history. Yet, we still felt like we were missing out while we waited because we didn’t get to enjoy a space we can call our own. Many argue that a house is a good investment if you can comfortably afford the payments and living in it will improve your quality of life. We are no longer renting and it’s been a long time since we woke up to a young lady screaming over the phone at a ex-boyfriend who just broke up with her.
Finding a parking spot after a long day is also a problem of the past. 200,000, a sum that takes many people a life time to accumulate? Do you consider your primary home as an investment? Does this automatically mean that you jump at the opportunity even if you can’t afford the house payments? Will your kids be able to understand? Editor’s Note: I’ve begun tracking my assets through Personal Capital.