This weekend while at my aunts, she was reading the newspaper and we began discussing the economy and the housing market. The paper said that because home prices have been falling, 2011 is a great time to buy a home.
She looked at me and said, with yall moving this summer, yall should buy a house.
We started talking and I explained to her that P and I are on the Dave Ramsey baby step plans, and that our goal is to buy a home with cash.
She looked at me like I was a bit crazy, and asked several questions. She said she didn't agree with it, and didn't quite understand it, but it was great to have that discussion.
As we continued talking, the subject of forclosure homes came up, and I remembered Dave's quote, and I told her, "Dave has done the research, and he has found that 100% of the homes that are fully paid for, don't get forclosed on."
She looked at me, laughed, and shook her head.
It was such a great reminder of what our goals are.