Anyone who is 40 and up will be quick to tell you that the last 20 years of their lives has come and gone so fast. Heck, I thought High School would never end soon enough for me but it did. At some point, you look back and think what you could have done better or more of? Time waits for no one rings very true. I have said all that to say all this.
BUY SOMETHING RIGHT NOW
Anything purchased today will put you on the road to a very pleasant and productive TWENTY YEARS (20) FROM NOW program. That's right. You buy and you have this mentality to pay off the loan that someone gave you to help you gett started. The premise is a very simple one too. You will always need a place to stay. Make this your home your permanent residence
IT WAS NORMAL TO DO SO
If you go back just a mere 50 years ago, people were buying their homes and then paying off. That was the normal thing to do. Almost everyone owned their home. It was so popular that all the 1950's TV shows depicted community long term living as standard. You grew up and knew your neighbors, police, and shop owners. Everyone had a stake in the community
IMMIGRANTS UNDERSTAND THIS
Many people coming into this country knew without being told to take their life savings or pool their funds and buy a business or a home and pay it off. Whatever happened after that was very manageable. America is structured that way
SOCIAL SECURITY WORKS BY THE WAY
You cannot qualify for Social Security unless you pay into it. So, people get a job, have deductions taken and if you keep that up for 10 years in a row, you have established a SS history that qualifies you to receive funds. Be extremely suspicious, weary and non-supportive of anyone in politics messing with this system. It was designed to compliment the American dream in natural succession
BUY THE HOUSE FIRST
Buy the home, pay it off and then when things become more simpler and less hectic, so are your bills and the cost of living. A home with a mortgage mitigated or paid off runs decently on social security income. Now Wall Street, bankers, investors and other money centered people and businesses will not like the fact that you are not spending money and taking risks...TOO BAD
Many of us have.....Been there and done that....