#TopHawaiiREALTORTangeeLazarus adds some wisdom to the linked article 👇
https://www.schwab.com/learn/story/7-money-mistakes-new-homeowners-can-avoid
Money Mistakes are not the only errors
- Talking too much about what you plan to do before you do it.
You’re excited. You believe you have found the home you have always wanted. You share your discovery. Maybe people will feel inspired to pursue their own goals. The next time you check on the property, it is no longer available. Later you learn someone you spoke to felt so inspired they snatched the deal for themselves.
2. Not preparing to be regarded as a target.
After a large purchase your liquid assets might need replenishing. However, it is likely that people will see you as having money to spare–for them. Friends, relatives, even distant associates will hit you up for loans, gifts, a place to stay. Your name will suddenly appear on new lists and you start getting calls from more telemarketers than ever. You might even receive unprecedented romantic interest from much younger people throughout the economically disadvantaged world. Set your boundaries