Frugality is the Name of the Game
Now, if you make 20-30 thousand dollars a year, you’re going to be waiting a long time to buy your own house, even living on the bare minimum.
But, if you are someone who makes 50 thousand or more per year, or you also have a spouse who makes just as much as you, it is very possible for you to buy your own home with cash, in a couple years.
If you can manage to save just a couple thousand a month for a period of 5 or more years, you’ll be right in range to buy a nice house all by yourself.
Benefits to Buying With Cash
The benefits to buying your home with cash are usually not afforded to those with a hefty mortgage to worry about. For instance, without a