How to Buy A House WITHOUT GOING BROKE | How Much Home Can I Afford | Real Estate Investing

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Being house broke is one of the toughest things to have to deal with when it comes to personal


And unfortunately, there is a fairly sizable number of us that have experienced being house

broke at one point or another in our lives.

And in the interest of trying to lower the number of home buyers that will end up being

house broke in the future, I thought it would be a good idea to do a quick video on how

much we should be spending on housing.

As is the case with many other big financial decisions there are a few different rules

of thumb that people throw out there when asked the question how much home can I afford

so today we're going to analyze the three major ones, talk about their advantages and

disadvantages, and show some examples of how they work in tandem with the rest of our budget

so that you can decide which rule of thumb would be best for your situation.

Hey everyone Daniel here and welcome to Next Level Life a channel where you can learn about

investing, debt, retirement, and many other financial topics besides, because, let’s

face it, the school's aren't going to teach it for us.

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