Rich Girl Roundup: Is the "30% on Housing" Rule Still Useful?
The Money with Katie Show
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Renting vs. Owning: Financial Considerations
The chapter explores the decision-making process between renting and owning a home, diving into the financial implications and long-term considerations. It discusses the advice of a financial planner regarding buying a $1.1 million house in Boulder, Colorado, and emphasizes the importance of understanding recoverable and unrecoverable costs. Additionally, it delves into extravagant home gifting stories, tax implications, and wealth transfer dynamics within families.
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