http://sistahant.blogsome.com/2008/04/16/grace/ This sistah is trying to be an ant, not a grasshopper, by increasing net worth working the smart way. Sat, 30 Aug 2008 06:56:31 +0000 http://wordpress.org/?v=1.5.1-alpha http://sistahant.blogsome.com/2008/04/16/grace/#comment-709 Mon, 21 Apr 2008 05:01:21 +0100 http://sistahant.blogsome.com/2008/04/16/grace/#comment-709 I used to get a lot of pressure from friends to buy during the housing boom. Everyone would tell me how I'm throwing away money by renting. I felt borderline harassed. But I remember growing up in a house and the responsibility that comes with homeownership. I don't live in the most affordable area, so I knew it wasn't the right time for me. Now, I look at the housing market. It's a mess and the prices haven't bottomed out. I am SO blessed that I didn't buy. If you have 20 percent down, you are golden. Otherwise, it's a gamble. I used to get a lot of pressure from friends to buy during the housing boom. Everyone would tell me how I’m throwing away money by renting. I felt borderline harassed. But I remember growing up in a house and the responsibility that comes with homeownership. I don’t live in the most affordable area, so I knew it wasn’t the right time for me. Now, I look at the housing market. It’s a mess and the prices haven’t bottomed out. I am SO blessed that I didn’t buy. If you have 20 percent down, you are golden. Otherwise, it’s a gamble.

]]> http://sistahant.blogsome.com/2008/04/16/grace/#comment-705 Wed, 16 Apr 2008 21:45:25 +0100 http://sistahant.blogsome.com/2008/04/16/grace/#comment-705 I truly understand ~ however, I was one of the homeowners who REFUSED to live above my means. I purchased a house because I refused to rent again. Instead, I call my house "my rental". Clearly the mortgage is comparable to what the rents are in my area. I've lived ABOVE MY MEANS before ~ I know all too well about that struggle. Thanks but no thanks!! I prefer to keep it real. I truly understand ~ however, I was one of the homeowners who REFUSED to live above my means. I purchased a house because I refused to rent again. Instead, I call my house “my rental”. Clearly the mortgage is comparable to what the rents are in my area. I’ve lived ABOVE MY MEANS before ~ I know all too well about that struggle. Thanks but no thanks!! I prefer to keep it real.

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