Smart Home Buying: Balancing Down Payments and Retirement Savings

Are you fantasizing about turning the key in the front door of your own home but your savings account says otherwise? 🗝️🏡 It's a common scenario, and you might be eyeing your 401(k) as a potential down payment goldmine. Hold that thought! 🛑 Financial guru Krista Klause suggests a deep dive with a

Thinking About Using Your 401(k) To Buy a Home?

Are you dreaming of buying your own home and wondering about how you’ll save for a down payment? You're not alone. Some people think about tapping into their 401(k) savings to make it happen. But before you decide to dip into your retirement to buy a home, be sure to consider all possible alternativ

The Great Wealth Divide: Renting vs. Buying with Krista Klause

  Are you stuck in the rent vs. buy conundrum? 🤔💭 Let's dive into some compelling Federal Reserve data that might tip the scales! The Survey of Consumer Finances (SCF) reveals a stark contrast in net worth between homeowners and renters, with homeowners' net worth on average being nearly 40X that

Homeowner Net Worth Has Skyrocketed

If you’re weighing your options to decide whether it makes more sense to rent or buy a home today, here’s one key data point that could help you feel more confident in making your decision. Every three years, the Federal Reserve Board releases the Survey of Consumer Finances (SCF). That report cover