Do you have $50,000?

Earlier this week I read an article that stated, basically, that if I want to buy a house I will need the full 20% for a down payment. In Houston, for an average priced house, that means I need $50,000.

Wow, that’s a lot of money.

The article also stated that for an average person, it will take 10 years to save up that money. Ten years… sounds right.

It’s a depressing thought.

How long would it take you to save $50,000?

Author: Paloma Cruz

Find out more about Paloma Cruz through the About page. Connect with her on Twitter (www.twitter.com/palomacruz) and (Facebook).

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