TO BUY HOUSE AND LOT FIRST OR PUT UP A BUSINESS BEFORE BUYING HOUSE?

[izabelle]

^^ Savings mo yan in case may emergency. Like mawalan ka ng work, may magkasakit, etc. Parang security blanket mo sya.


House is an investment (for me), alangan naman whole life mo hanggang mawala ka sa mundo wala kang sariling bahay. I think nagiging problema lang ito kapag kumuha ka ng sobrang mahal na hindi mo kayang bayaran. Pero kung kaya naman bayaran, wala akong nakikitang problema.

Necessity ang shelter. Kapag nag rerent ka, kahit 50 yrs mo bayaran yan, never pa din magiging sayo.

[be_Jenuine]

This  would definitely depend on your goals. Let's admit it, buying a house is a major investment but it is necessary. If you have let's say a resonable amount of money now, why don't you invest it in putting up a small business to increase your income and then add that to the money you saved for thew housing?  But make sure of course not to invest everything in one go, you must calcualte the risks.