Are you house poor? How to tell — and how to fix it.
Yahoo Finance·2025-05-28 04:19
Buying a home is a milestone worth celebrating. But your feeling of accomplishment won’t last if you move in and have little money for anything but maintaining that roof over your head. That’s known as being “house poor,” and it can create long-term financial stress and take a serious bite out of your ability to enjoy the home you worked so hard to afford. Read on to learn what it means to be house poor, the potential impacts it can have on your life, and the steps you can take to avoid — or recover from ...