Afford Anything cover image

Ask Paula: My Parents Are Drowning In Credit Card Debt. What Should I Do?

Afford Anything

The Most Economical Choice Is Not the Choice That Provides the Cheapest Costs

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If she were to sell her house and move in with him, now they've got a $1,000 mortgage payment split between the two of them. Their combined budget just went down. Sometimes choosing the home that is the lower price point in the short term ends up being more expensive in the long term because of the high cost of switching. If you're planning on having children, you're probably not going to have one nine months from now. There's probably going to be at least a year, maybe a year and a half, maybe two years.

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