FrozenJag |
10-08-2010 11:31 PM |
I live in only a 1k sq foot home 3 bed 1 bath but it's paid for.
This allows me to grow my business at a quicker rate due to having more money to invest.
In a few years that could change as my wife and I decide to start a family but ideally by then a bigger better place wouldn't be quite a large financial burden.
So I guess I'm saying go small but solid in the start for ultimate cash flow, use that money to invest or pay off debt. Do use some to relax and be happy though aswell. Just keep it reasonable and don't blow that money. I guess it would then also come down to your spending habits. Some folks NEED debt in order to not blow cash and actually build equity as they would never save or invest on their own.
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