Quote of the Week: Millionaires Keep Housing Costs Down

“There are three times more millionaires living in homes valued under $300,000 than are living in houses worth $1 million or more.”

CNNMoney.com Magazine, July 2012, “101 Ways to Build Wealth”

Financial Tip:  Don’t be house poor!  Spending too much on your home can sabotage your long-term wealth building plans.  The CNNMoney article (quoted above) reminds readers that “historically, stocks have handily beaten the returns on real estate.”

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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