What does the Super Bowl and Your First Time Home Have In Common?
No matter who your home team is buying a home is a win for your family.
Buying your First Time Home is as much of a win as your home team making the Super Bowl!
You are not going to the Super Bowl unless you are an NFL player reading this. However, you could take a home buyer class and host next years party in your first time home. It is as much of a win for you as it is for your home team making the game.
Especially if you are a millennial you may be missing a key element of your financial future. This year while your enjoying the game at your friends house watching the game. You know the one you took an Uber to so you could have a good time. Think how nice it would be to host the party instead, and at the same time investing in your future. You probably played some sort of sport growing up, going to practice only to graduate and move on to working for a living.
Ok You practiced and studied and maybe even got a sports scholarship. There is no junior team that trains you to invest in your future. A select few in today’s world will get an early start investing in retirement.
The Millennial way of thinking is, Too young to worry about that!
This is the wrong answer, most of your parents have or had jobs with a pension. They own the home you lived or still live in, and have invested in retirement accounts.
Pensions today are far and few between, Home prices continue to rise as you pay rent to pay off someone else’s mortgage contributing to that persons retirement. The Millennial gets the part of living life right but falls a little short planning for a comfortable life when they stop working.