I'm 23, How Do I Prioritize My Money to Buy My First House?

I'm 23, How Do I Prioritize My Money to Buy My First House?

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[skoopqueen]

I could totally relate .. bought my first house and ride at age 23.. Investing made that possible

[ethanclark]

I'm 23 and am buying a house right now. I'm going to close in a few weeks. If I had to do it again I would of been more patient when buying a house I think I overpaid, but only by a little. I also would of been more familiar with interest rates before buying a home.

[ScottSullivanTV]

I’m 23, and I’m Scott! Not from Nashville though.

[umairahmad]

I’m definitely going to follow strict financial plan at age 19 when I start my apprenticeship in September!!!.

[tomdickens]

I'm 23 and was beginning to wonder this same thing. Remarkable timing!

[Famekom]

I wish I asked that question at his age 😕. I was too busy popping bottles & and taking vacations 😭

[JustinCase]

You can't even tell that that call was from inside the studio. Excellent plug btw.

[BlessedbytheKingofKings]

Very smart for such a young age. My son is 24 living with me and he is also saving to buy a house

[lqhzqgc]

I relate to this video & I think a lot of other young adults can too. I’m in a similar situation: 23 going on 24 in October with about $5k in debt and $6k in savings also thinking about saving to buy a house. My income is around $50k/year before taxes. Instead I’m located in south Florida though. Think I’ll reconsider and do it the way they explained in this video

[frankallevato]

I’ll be 24 in September with no debt and I have a net worth total of roughly 67k!! Not trying to brag just saying it’s possible for anybody. I’ve never cleared 45k a year I’ve just well budgeted and saved everything I possibly could!

[snlkrd]

Step 1 . 2 .3 are good for young people because it give you freedom but with all the opportunity today I will no buy a home unless I have a business first that can provide me money to buy a home cash.

[Je.rone_]

I want to visit Nashville to see if it's a nice place

[kuryanthomas]

he sounds older than 23. But either way, he seems like a smart young man, and i think he will be a baby step millionaire in no time with a paid off house.

[SpaceSavage]

Dave Ramsey: throw every chance you have of building wealth at paying off your debt so you come out years later with $0 instead of investing and growing your available funds
Thanks Dave!

[tylerfoss]

Bravo, Scott and Bravo, Dave Ramsey! Freedom isn't free but it IS achievable!!!!

[dbpiano]

Such a great timing, I’m 26 and on the same boat!

[ImReadyD]

Why would you throw 4k right into the debt. What happens if your transmission goes? What happens if you need new brakes and tires. 1k ain't paying for that.

[Musemua]

23 and ready to buy a house once the lease is up :)

[mikeynoels]

This caption is pretty deceptive. What about after his debt, retirement vs house, what is the time horizon on that?

[bradleymaravalli]

Congratulations on paying off your student loans! That's huge!!!