Which would you rather have?

Mar 13 5 Comments

I have enough saved up for a huge down payment but on the flip side that same money means me and my family can live for 20 years even in a downturn. What would you do?

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TOP 5 Comments
  • KPMG
    BackClock

    KPMG

    PRE
    Deloitte, Accenture
    BackClockmore
    Too vague to answer. Either you're trying to buy too expensive of a house or either you are talking about a low quality of life for 20 years for your family.

    Which one is it?
    Mar 130
  • Microsoft
    🐙M🐙

    Microsoft

    BIO
    🐙
    🐙M🐙more
    That must be quite the down payment. Why not get a smaller house or at least a smaller down payment?
    Mar 130
  • Amazon HexBug
    Yeah, take a middle approach and put less money down. 10 years buffer would be quite okay.
    Mar 130
  • VMware / Project
    PpxT00

    VMwareProject

    PRE
    Dell EMC
    PpxT00more
    Unless you're in love with Seattle and making $200k + TC I can't imagine buying anything that isn't a complete fixer upper in that area with a family to support.

    If you can work remote, northern Washington state has much saner housing costs, but taking your savings and moving to a low cost City and enjoying financial independence isn't a bad way to go either
    Mar 130
  • Google / Other
    snidely

    GoogleOther

    BIO
    Flagged by the community
    snidelymore
    Congrats on being so fortunate!
    Mar 130

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