Pre-marriage and pre-children I bought a house.
One of the first steps in financing a home is getting a pre-approval letter. It’s when the bank takes a comprehensive look at your finances to see how big of a loan you can afford.
According to their calculations, I could afford way more than I was willing to spend.
Just because lenders are willing to give you more money doesn’t mean you have to take it.
I had a firm number in my mind (along with a pretty detailed wish list for the property) and I wasn’t budging.
Thankfully I got it.
Less than a year after the closing, we became pregnant.
And two years into homeownership, I became a stay-at-home mom.
Purchasing that home, at the price I did, positively impacted our lives in two main ways.
First, the mortgage was less than half of what it would have cost us to rent a similar unit in the same area.
Second, we later rented that same home and it provided us rental income while I nursed our little ones.
Your plan doesn’t have to include buying real estate. It could be...
building digital real estate
getting to know your numbers
applying for a cash back card
starting your portfolio, or
self-managing your retirement
I’m writing this to remind you to trust your gut in the financial decisions you make today. Make decisions that will give you peace of mind and your future self will thank you for.
What was the smartest money move you made that supported your breastfeeding journey? Need to schedule a one-on-one? Use code: HEART2HEART.
Until next time...
Love The Journey,