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Hi ,
Please don't ignore this post I need one suggestion from you ..
Is AccioJob or Masai or anything like this company good for non tech students to get a tech Job ?
Right now i have 0 knowledge about coding & want to switch my domain , any help or suggestions will be appreciated
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In addition to your normal savings, start putting aside the typical 6 months worth of expenses (including mortgage) and leave it alone. This will help with any employment issues you could run into.
Also set aside extra money for unforseen problems like broken appliances or HVAC. Anywhere you can build a cushion do it.
Once you find a place start researching the tradesmen in your area and keep their numbers handy. You'd be surprised how much having a reliable plumber that you trust can save you in the long run.
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Thanks for the advice! Will do
I’m two years out of college and I just bought a condo. It’s anxiety inducing and I constantly need reassurance too. What I tell myself is that, I’m betting on myself and that I’m following my plan which I feel like is a sound plan. It has been so liberating living on my own and being fully responsible for myself.
My savings reserve took a hit bec of the downpayment and closing but I soft budgeted how to replenish it before the end of this year. I also made sure that I have 6 mo EF that’s not “touch” when I close the condo. I know things doesn’t always go as planned but I’ll figure it out as I go.
Also agreed with Attorney 1- I settled for a smaller home in a great community instead of a house in a “meh” part of town.
I know this is like all over but hope it helps…
Thank you!! Homeownership has risks and honestly it’s hard to shake off the feeling of not having as much cash as before but as long as you have a plan and plenty of cushion, I think you should be fine. If job uncertainty worries you, maybe have a year of EF instead of 6 mos. Stuff like that to make you more comfortable making decisions.
Rising Star
If you have the time and knowledge or are willing to learn it would be better to buy a house that requires a little work rather than something turn. Buying a cheaper house in need of TLC and elbow grease and putting the work in is the quickest way to build equity.
Don’t go for your turn key dream house unless it’s well within your budget. Get something you can make your dream house or that you can build equity and sell later to get your dream house.
Especially with rates going up the more equity you can build and you can refinance easier later when rates go back down.
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That’s true! Thanks for that perspective!
Pro
On paper, everything looks financially sound, Im just worried. I save 10% of my income, donate 10%, 500 in 401K per month and my home is going to be 1600-1800 PM, my take home pay is just over 8,000 PM. I know it sounds insane, but I’ve seen how poor planning can result in issues and my downpayment is taking the majority of my savings reserves, I just need some reassurance.
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Thanks. I know that mentally, but subconsciously am thinking of everything that can go wrong.