Dora’s Tips to Financial Success: Part 2
Find Part 1 here! I always love hearing about the times of the 10 cent ice creams and the 1 dollar movie theaters and this time was no different when Dora mentioned she had purchased her first house for only $12,000. As shocking as this amount was the story was a familiar one. When the homeowner asked for a $6,000 down payment, her husband said it was too much, but Dora had a different answer. She said she could offer $5,000 cash on the spot, leaving her husband dumbfounded. This reminded me of my own mom and dad where his famous line is, “I just work and she does all the rest” meaning his grasp on the financial investments that take place in the household are little to none. I gave a knowing chuckle and let her continue… ____ Q: How did you get started on your first property? After living in an apartment for 10 months they decided to buy their first house. After 10 years and having kids they wanted a larger space which …