Comments on: Investing in a House http://www.money501.com/88/investing-in-a-house/ Just another WordPress weblog Sat, 10 Oct 2009 22:22:52 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Brian http://www.money501.com/88/investing-in-a-house/comment-page-1/#comment-3269 Brian Sat, 10 Oct 2009 22:22:52 +0000 http://www.money501.com/?p=88#comment-3269 Owning a house and not saving any cash - living under your means is DUMB. Renting a house-condo-home and saving some money and getting some return on that money is better than owning a house and ramping up $20K on credit cards. Someone wrote (I cant remember:) Find some some work you LOVE to do, work hard and long and be the BEST at it, If you are not saving any money, then get a part time extra job and SAVE THAT MONEY. Work for Money Put some of that money to work in some interest bearing account. Idea: Save 10% of your take home pay in an envelope. Put it under a bedroom mattress. Save $500. When you are finished, get a new envelope and do it again. And, if you are in trouble with credit cards, go to Consumer Credit Counselling. Good luck! Brian Real Estate Investing Trainer since 1986 BUY A HOUSE WITHOUT BANK LOANS OR CREDIT RATING! Owning a house and not saving any cash – living under your means is DUMB.
Renting a house-condo-home and saving some money and getting some return on that money is better than owning a house and ramping up $20K on credit cards.

Someone wrote (I cant remember:)
Find some some work you LOVE to do,
work hard and long and be the BEST at it,

If you are not saving any money, then get a part time extra job and SAVE THAT MONEY.

Work for Money
Put some of that money to work in some interest bearing account.
Idea:
Save 10% of your take home pay in an envelope.
Put it under a bedroom mattress.
Save $500.
When you are finished, get a new envelope and do it again.

And, if you are in trouble with credit cards, go to Consumer Credit Counselling.

Good luck!

Brian
Real Estate Investing Trainer since 1986
BUY A HOUSE WITHOUT BANK LOANS OR CREDIT RATING!

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