House/Home Poor

A term you will run into and is one of the cons when you take the chance of being a homeowner. Most of your time and income will be going into maintain the home that your wealth in tied into the home and you may also be locked into the location. Well that would be the case if you never planned for it. But if you did plan for such a situation while it may occur you would be suprise when it does occur and have stragegies to get you out of the situation. So if you didnt know, at least you heard it from here so you know now and can be prepared when it does occur 😉