One disappointing trend that’s happening right now is that younger people find it next to impossible to buy a house these days.
As a result, they’re forced into playing the renting game for a while. We can thank sky-high prices and stagnating wages in part for this!
If you’re in this boat and trying to find a place to rent to tide you over until the bubble bursts, there’s a lot to consider:
- How big is the home? Can it accommodate your lifestyle (for pet owners, is it pet friendly)?
- Do you have any close neighbors? Are they noisy and disruptive?
- How long can you see yourself living there?
- And finally, how much is this going to cost you?
You would never want to live somewhere terrible just to save a little extra money. Your overall health is more important than just your future financial health.
After all, being unhealthy costs lots.
You also don’t want to get a place that’s so expensive that you’re not saving anything.
If you’re moving, the best option is to choose something that ticks off as many boxes as you feel you need in a home, without living outside of your means.
And that allows you to save for your future goals as well.
If you’d like to chat with us about how we can help you reach your goals, give us a call at 513-563-PLAN (7526) or book your free 15 minute consultation online right here.