The best investment for newly weds - SERENITEA CATERING blog at BridesClub.com

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The best investment for newly weds

Buy a house, a nice little starter home. Plain and simple.

Think you can't afford it, ask yourself, how much do you pay someone else in rent a month? Take that number and multiply that by 12 and that's what you are paying someone else a year and not yourself.

Your wedding is a time in your life where others are helping you with the resources to start your life as a couple, the best investment you can do as a couple is home ownership.

Look for a fixed rate with either a 15 or 30 year mortgage, where you are making payments toward the principle and interest of the loan. Be wary of interest only loans, and interest rates that aren't fixed. Live in the house for a couple of years, and as your new family grows, sell or rent out the house you bought, and take the equity to buy your next bigger home.

Life is all about steps, small steps toward the bigger goal.

Serenitea Catering
www.myspace.com/weddingpros


Posted by: SERENITEA CATERING on May 24, 2007 at 6:28 PM - Permalink




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