A Purchase That Fits Both Your Lives
|
TOOLBOX
   Resize
COMMENT
 Discussion Policy
 CLOSE
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.
Who's Blogging  |
The decision to own your own home is one of the most important that you will make as a couple, said family therapist Scott Wolfe.
"Knowing when it is right to make this move requires more than knowledge of the housing market. Above all, it requires both partners to be emotionally ready and in agreement with their life dreams and life goals," he said. His suggestions:
· Clarify your life dreams. What do you want your life to be in five, 10, 20, or 30 years from now? What are the things you each want, such as your own home, having a substantial college education fund, having a substantial retirement fund? Prioritize these concerns.
· Share your dreams and goals with your partner. Look for similarities and discuss your perspectives. Work together as a team, and be open to compromise and to accepting influence from each other.
· Come up with a long-range financial and life plan that you can both agree on. Then move to implement this plan.
