Suze Orman: How to Ultimately Afford Your Dream Home
The money expert shares the essential steps to buying your own place—and knowing when the time is right.
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So I bought a house with a friend and her mother.... A few years later, I
focused on the next step in my incremental dreams: still owning with my friend
but minus her mom. With our share of the gain from the sale of the first place,
we were able to make the move—the new house was a modest 1,000 square feet, but
as far as I was concerned it was a palace. Sure, just a few blocks away were
majestic dwellings with sweeping views of the San Francisco Bay, but those were
other people's dreams. People with a lot more money than I had. I was thrilled
with what I could afford.
ahead to today, and even though I'm wealthier, I'm still a practical dreamer. I
don't need some fantasy mansion. I buy what I need, as opposed to what I can
afford. That approach has never let me down, and I'm certain it can work for