QUOTE(kkkw80 @ Nov 15 2020, 08:51 AM)
Congrats. Where is this?Fear of buying house
Fear of buying house
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Feb 16 2025, 09:40 PM
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All Stars
14,899 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor |
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Feb 16 2025, 11:24 PM
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All Stars
14,899 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor |
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Feb 16 2025, 11:25 PM
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All Stars
14,899 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor |
QUOTE(nauticat99 @ Feb 16 2025, 11:24 PM) Want to buy house, get it when you are still young with many years of earning powers, eg late 20s to early 30s. It will force you to have financial discipline, die die have to settle your house payment before other “enjoyment” comes. That way you have some form of financial security and peace of mind as you hit your 50s with the house payments cleared. Maybe she overestimate her income and bought a house that is beyond her mean?Don’t be like my cousin; eat good food, travel, spa, buying lots of bags and shoes and only started buying her house when turned 40. Now 50 so stressed cos house have to pay until 65 but retirement is looming soon and have no extra spare cash for rainy days. During covid, was retrench and had to borrow money to pay for her house. This is due to lack of financial literacy and discipline. Regret now also useless. |
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