| ▲ | UnhappyMeaning 3 hours ago |
| I've come across co-workers who make +$250K in salary who live paycheck-to-paycheck... 1. Alimony 2. Child support |
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| ▲ | jasondigitized 2 hours ago | parent | next [-] |
| From Buffett: Keep your first house and your first wife. |
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| ▲ | notyourwork 2 hours ago | parent [-] | | And work on paying your first house off early. The rest comes and can go. Stable home attenuated the unpredictable ups and downs. | | |
| ▲ | CalRobert an hour ago | parent | next [-] | | Well that would depend on your interest rate, presumably. Especially since interest is tax deductible in some places. If you _do_ break up, this also makes it harder for one person to keep the house, which might be bad if there's kids in a local school, etc. If you have 100k in equity it's easier to buy out your ex than if you have 1 million in equity. | |
| ▲ | simpsond 2 hours ago | parent | prev [-] | | What if you have a mortgage with 2.5% interest? Even if I had enough liquid assets to pay it off, I wouldn’t with the current market. | | |
| ▲ | nxm an hour ago | parent [-] | | It's about individual tolerance for risk and ability to sleep at night knowing that the bank still holds the title to your house. |
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| ▲ | darepublic 3 hours ago | parent | prev | next [-] |
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| ▲ | esafak 2 hours ago | parent | next [-] | | I'm more partial to the Weird Al take: Here she comes now, wants her alimony. Bleedin' me dry as a bony bony. | |
| ▲ | edoceo 2 hours ago | parent | prev [-] | | It's a Led Zeppelin lyric but, not helpful. |
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| ▲ | 3 hours ago | parent | prev [-] |
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