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Things I Wish I'd Known At 20

teejayvanslyke.com

1–10 of 16 posts

Re: Things I Wish I'd Known At 20

#3
Great list. I'm 37 and I still haven't mastered many of those things.

The only one I would really take issue with is "Don't Buy a House". If you get a good deal on a property that is good for you and your family, buying always makes more sense, especially at current interest rates. You can fix your monthly cost for year after year instead of paying ever increasing amounts of rent.

Re: Things I Wish I'd Known At 20

#5

Great list. I'm 37 and I still haven't mastered many of those things. The only one I would really take issue with is "Don't Buy a House". If you get a good deal on a property that is good for you and your family, buying always makes more sense, especially at current interest rates. You can fix your monthly cost for year after year instead of paying ever increasing amounts of rent.

Just think of buying as renting from yourself and cutting out the middle man.

Re: Things I Wish I'd Known At 20

#6

Great list. I'm 37 and I still haven't mastered many of those things. The only one I would really take issue with is "Don't Buy a House". If you get a good deal on a property that is good for you and your family, buying always makes more sense, especially at current interest rates. You can fix your monthly cost for year after year instead of paying ever increasing amounts of rent.

Thanks for the comment! I think my main point here was that buying a house isn't necessarily a good investment, depending on your goals and the price of the house relative to its value.

I will say though, that it makes sense for owners to defend their position, since they're already owners. And, as a renter, I'm likely to do the same.

Regardless, I appreciate both perspectives!

Re: Things I Wish I'd Known At 20

#7
While I agree with most of this I think it's somewhat too strict. For many people their twenties is the only time they will have time, money and vigour. If you get the chance you should take advantage of that.

Re: Things I Wish I'd Known At 20

#8

Great list. I'm 37 and I still haven't mastered many of those things. The only one I would really take issue with is "Don't Buy a House". If you get a good deal on a property that is good for you and your family, buying always makes more sense, especially at current interest rates. You can fix your monthly cost for year after year instead of paying ever increasing amounts of rent.

Buying also brings some people happiness. I enjoy making improvements to my home, landscaping, etc.

I would not make these investments in somebody else's home if I rented.

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