Lincoln

Hey, so I'm 30 years old. I run my own business. We've been doing very well. We have paid off all of our debt, my wife and I. We have about $100,000 saved split between CDs, emergency funds, and then we are also saving for our daughter's college fund on that. And we're just wondering, you know, keeping the emergency fund and all that, we're looking at buying a house.

Hey, so I'm 30 years old. I run my own business. We've been doing very well. We have paid off all of our debt, my wife and I. We have about $100,000 saved split between CDs, emergency funds, and then we are also saving for our daughter's college fund on that. And we're just wondering, you know, keeping the emergency fund and all that, we're looking at buying a house.

Do we take out a mortgage to buy our house even though we just became completely debt-free?

Do we take out a mortgage to buy our house even though we just became completely debt-free?

In our area, roughly $300,000.

In our area, roughly $300,000.

Exactly.

Exactly.

Exactly.

Exactly.

What you guys think about it, we're projecting here in the next year, we will be able to buy in cash whatever house we want.

What you guys think about it, we're projecting here in the next year, we will be able to buy in cash whatever house we want.

Yes. Oh, well, that changes it. Our business has just exploded. Amazing.

Yes. Oh, well, that changes it. Our business has just exploded. Amazing.

Well, so our daughter just turned one, and so we put $10,000 aside into CDs for that just for her.

Well, so our daughter just turned one, and so we put $10,000 aside into CDs for that just for her.

Hey, so I'm 30 years old. I run my own business. We've been doing very well. We have paid off all of our debt, my wife and I. We have about $100,000 saved split between CDs, emergency funds, and then we are also saving for our daughter's college fund on that. And we're just wondering, you know, keeping the emergency fund and all that, we're looking at buying a house.

Do we take out a mortgage to buy our house even though we just became completely debt-free?

In our area, roughly $300,000.

Exactly.

Exactly.

What you guys think about it, we're projecting here in the next year, we will be able to buy in cash whatever house we want.

Yes. Oh, well, that changes it. Our business has just exploded. Amazing.

Well, so our daughter just turned one, and so we put $10,000 aside into CDs for that just for her.