125. 3 Steps to Determining Your House Budget (So You Don’t End Up House Poor)

Before you start searching for a house, there’s one question you need to answer: how much house can I actually afford while continuing to build wealth?In this episode, I’ll walk you through 3 key steps to determine your home budget based on your lifestyle, not just what the bank says you qualify for. Because the goal isn't just to buy a house. It’s to afford it comfortably and still build wealth.You’ll learn:How to calculate a house payment that fits your real cost of livingWhat monthly costs are included beyond just your mortgageHow to reverse engineer your ideal house price using a mortgage calculatorBuying a house shouldn't ever derail your financial goals. Learn how to stay in control of your money and avoid being house poor.1:1 Money Coaching: 1:1 is a money & investing coaching program for first gen WOC who want to financially prepare to buy their first or next home. Inside 1:1, we'll map out the best strategy to set a house budget, save for a downpayment by investing and set you up to have the best credit to get the most competitive mortgage. ⁠Book a free call her to learn more about 1:1 money coaching.