How to Buy a Home Valued at $1,000,000 and Up
If you're earning a substantial income and considering purchasing a home valued at $1,000,000 or more, this episode is tailored for you. We'll break down this decision from both cash flow and financial planning perspectives to help you cover your blind spots. You won't want to miss it!
Key Topics:
Be Realistic about Your Income, For Better or Worse (03:06)
Be Realistic about Your Career Path (04:55)
It’s Okay to Wait (06:27)
Case Study (07:50)
Benefits of Owning (11:56)
Scenarios of Income Cuts + Other Worst-Case Scenarios (14:44)
What if You’re Too Aggressive with Your Decision? (19:23)
Bottom Line: Be Realistic and Plan Strategically (21:06)
This Episode is intended to be financial education only and is not intended to be specific tax, legal, or investment advice. Please consult a professional for specific advice.
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