http://www.msmoneysavvy.com/2009/11/23/so-you-want-a-house-part-4-2/ Leading the Way to Financial Independence Tue, 23 Feb 2010 21:37:26 -0500 http://wordpress.org/?v=2.9.1 hourly 1 http://www.msmoneysavvy.com/2009/11/23/so-you-want-a-house-part-4-2/comment-page-1/#comment-5517 Sarah Tue, 24 Nov 2009 10:26:31 +0000 http://www.msmoneysavvy.com/?p=407#comment-5517 I learnt this the hardway in my 20's. We were paying x rent and saving y per month, so I thought we could afford a mortgage of x+y. Boy was I wrong, the house was a huge money pit. It did all turn out well in the end, but not for 16 years, and I spent all of my late twenties and early thirties being poor. I learnt this the hardway in my 20’s. We were paying x rent and saving y per month, so I thought we could afford a mortgage of x+y. Boy was I wrong, the house was a huge money pit. It did all turn out well in the end, but not for 16 years, and I spent all of my late twenties and early thirties being poor.

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