All Forum Posts by: Christopher Nathaniel Hart

Thank you all for the advice. I'm going to look into CD's that my credit union offers as soon as i have free time during business hours.  Definitely going to start with doing my budget and living more frugal, this has been something I've talked about for years now but have never really put it into practice, it's something I'm going to have to do to get me to my goal of being financially free. 

I've started listening to the BP money pod casts and also have downloaded Your Money or Your Life by Vicki Robin and will be listening to that when i have time at work, she seems like a very inspiring person.  Again thank you all, i have so much to learn but i feel like this community is going to be a great place to do that.

So I just purchased my very first house, which is also my current residence for my wife, two children and myself,  I had to completely drains my savings in the process.  I know I'm at least 1-2 years out from being able to purchase my first rental property because i have absolutely no capital saved.  My question is, would i be better off dumping all my extra cash into the principle of my house to build equity that i can later use to help purchase my first investment or would i be better off putting my money into a savings account ?

Hey BP,

My name is Chris, im 30 years old and just purchased my first home which is also my current residence.  Ive always been interested in investing in real estate and now that I've moved into my own home my thirst for financial  freedom is growing by the day.  I work in the construction industry as a structural steel fabricator (welder / fitter.) This job pays pretty well in my area but its proven to be extremely rough on the body, i know it wont last forever.  This has really been the driving factor to put myself and my family into a better situation.