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Reply to "how on earth can we save a down payment?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]First home took me till age 37 to save up required down payment (1994). Also had to pay off school loans, car, CCs, etc., before I could qualify, but once I was "in," was able to roll over to better homes over the next 20 years. [b]I think purchasing your own property is more important than a college education (I have an advanced degree) - at least in this area. [/quote][/b] How so? I don't get this. Renting isn't evil; I hate that attitude.[/quote] not PP but it is so because with college degree it will still take you forever to actually own home. i prioritize leaving my kids property over college education. and we a two phd-s family.[/quote] What? You would rather just leave our kids property than give them an education that will allow them to earn enough money to buy their own property and meet whatever other needs they have in the future? That's insane.[/quote] Money can be earned without college education. It's insane to spend 200k on college education that kids will need decades to save again. In any case, there is plenty of cheap decent college education around the world, no need whatsoever to pay US prices.[/quote]
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