Latest / Money For Couples with Ramit Sethi
50. “Maybe buying this condo was a mistake” (Part 2)
In part 2 of Elena and Eric’s story, we learn about the deep emotional ties that Elena associates with the condo that’s draining their savings account—and why she’s so anxious about outside opinions in the event they decide to sell it.
To recap, they’re 25 and make $160k/year combined. They love to go to music festivals and bought a condo (with a down payment gift from their parents) about seven months ago. “Society” tells them that’s great, so they think they’re doing great.
They’re not. Between transaction fees, mortgage, and maintenance, the purchase has bombarded them with phantom costs…
The skinny
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