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first house

Could Buying Your First House Be a Financial Mistake?

August 24, 2015 by MMD 20 Comments
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Buying your first house is exciting! But does it always make the most sense financially? In this post, we'll walk through the numbers and show you how waiting a few years to become a home-owner might make you richer in the long run. - MyMoneyDesign.com

It’s official – we’ve moved!  We’re finally all settled into our new house in our new city, and we’re loving every minute of it! This is only the second house my wife and I have purchased in our adult lives.  Our first one was back when I was 24 years old. With our first house for sale on the market at almost the same price we paid for it back 11 years ago, this got me thinking: What if we hadn’t bought a house when we first got married, and did something else with our money?  Would we be better off financially? Although this is a fun little question to ponder, it’s actually a very real and tough choice for lots of young working professionals today.  Many of them are faced with the decision of whether to find a place to rent or … [Read more...] about Could Buying Your First House Be a Financial Mistake?

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