Author Topic: stellarly horrible financial advice  (Read 38053 times)

partgypsy

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Re: stellarly horrible financial advice
« Reply #100 on: January 09, 2015, 11:27:41 AM »
I don't know if it is horrible advice, but more world's colliding.
When we were in process of buying our house, a person involved brightly said, "oh you're a professional, this is a good starter home but you are going to want to upgrade soon." And my husband retorted "I don't believe in 'starter homes". 

Parents in law often make similar comments, the most common being "you have so much equity with your house, you can get such a nice house with your equity"
I know they mean well, but the reason we have a lot of equity, is we are working on having a paid off house, not to get a nicer, but un-paid-for house. 

Not to say we will never move, but not for the reasons above.