Basically, the goal is to convert grocery store ingredients into tasty meals without the convenience of a kitchen full of appliances, utensils, and seasonings. You want to be able to go to the grocery store and get ingredients in small enough portions that you can use them all, without having to buy a million little things.
We all hope to retire someday -- the freedom to do more of what we want to do and less of what we have to do. But that kind of freedom comes with a price, right? Won't you need millions in assets and a six-figure annual income? Nope. You'll probably need a lot less in assets and income than you think.
I get a lot of questions regarding the costs of owning a home, typically about saving for a down payment or paying off a mortgage. But homeownership involves numerous other costs that can impact your budget. So as the spring home-buying season gets underway, I thought it would be a good time to step back and look more closely at the ongoing financial realities.