money money money 807 prioritising goals: buy a home or travel + combining shares with partner
Feb 17, 2025
Is buying a home more important than traveling? The hosts discuss balancing these big financial goals and explore smart saving strategies. They also tackle the nuanced decision of whether to combine investment accounts with a partner, weighing the pros and cons. Plus, listeners hear about navigating cryptocurrency investments and the importance of diversification. Personal stories shed light on community challenges and successes, creating an engaging and informative conversation around money management.
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Home Location Matters
- Consider your long-term living location before buying a house.
- If staying remote long-term and rental yields are good, buy now and rent it out.
Prioritize Strategy Over Micro-Optimizations
- Focus on your overall financial strategy, not micro-optimizations.
- Chasing specific yields or small interest gains can derail your long-term plan.
Allocate Savings Based on Goals
- Determine your home location and trip costs.
- If your home location is uncertain, keep savings in a bank account.