Personal Finance Tip #15: Buy a Home You Can Afford

Your most valuable asset is probably your home. But can you afford it?

Buy a home you can afford.

Just because you can get approved for a big loan, doesn’t mean that it is a good idea. Stick with a home you can afford. Do you really need a McMansion?

This post is part of the b5media Business Channel Great Blog Off! Find out more about the Blog Off here: http://www.b5media.com/b5media-blogs-for-a-cause-and-raises-money-in-support-of-charity/

The Business Channel is supporting Accion International for the Great Blog Off. You can make a donation directly to Accion (http://www.accion.org/b5media). Donations are tax deductible.