Orli Dudaie’s book, “Your Home, Your Money: How to Leverage Home Ownership and Avoid Costly Mistakes,” delves into the often-overlooked aspects of housing potential and how they can work to our benefit or detriment. The author poses the question of whether the traditional approach of allowing lenders to advise on borrowing limits and realtors to find a dream home within that budget prior to defining our personal goals is the best way to achieve our home financial goals.
The book encourages readers to take a different approach to avoid getting the correct answers to the wrong questions when purchasing or refinancing a home. Instead of letting others dictate the amount to be spent, Orli suggests determining what benefits us and guiding others to work together towards achieving our desired outcome.
The book serves as a guide for current and aspiring homeowners to not miss opportunities and to be aware of the unseen aspects of home ownership.
Housing is a significant portion of our monthly budget,
regardless of whether we are paying rent or a mortgage,
is the expense working to our benefit?