• Qkall@lemmy.ml
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    10 months ago

    I’m in the States so dunno how this translates… But my parents made get a 500usd limit credit card when I was like 14. It had been the best decision that I’ve made. My credit is so dn good now that I can get what ever I want easily approved. That and they insisted I make a home purchase at like 23- right be fore the mortgages went nuts. My mortgage is like a quarter of what others pay for a rental…

    Thanks ma and pa 🤜🤛

    • LrdThndr@lemmy.world
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      10 months ago

      By dumb luck I bought a house right before the housing market lost its goddamned mind.

      $145K for a 3 bedroom on an acre of land. It’s more than doubled in value since I bought it, and I pay less than $1000/mo at 2.9% interest.

      I keep getting letters from my mortgage company offering me $80K in a cash-out refinance at like double to triple my current interest rate and I’m like “how about blow me?” I’m riding that interest rate until the wheels fall off.