Work Your Wealth Wednesday: How Many Bank Accounts You Need & Can You Buy a Home while You Have Student Loans?

HOW MANY BANK ACCOUNTS DO I NEED?


SHOULD I PURCHASE A HOME IF I HAVE STUDENT
LOANS?


One of the fun parts of being a financial planner is getting to
field and answer questions from clients and readers all around
the country. In these Work Your Wealth episodes I'll be taking
time to address and answer questions I've come across from
readers and clients throughout my career. Today I'm answering the
above questions.


WHAT YOU’LL LEARN FROM THIS EPISODE:


The number of bank accounts you need.

What to consider when opening multiple bank accounts.

Tough decisions you may need to make when working towards
goals.

How to keep one-time expenses from derailing your cash flow.

Cash flow considerations for locking in a mortgage.

What your debt-to-income ratio is and what percentage it
should be at or below.

Items to keep in mind when saving for a down payment.



LINKS MENTIONED ON THE SHOW:


Work Your Wealth: 9 Steps to Making Smarter Choices With Your
Money

Work Your Wealth Facebook Community

9 Steps to Workable Wealth