Buying Your Dream House Can Cause You To Have Financial Nightmares

Reported by Bahiyah Shabazz, MBA

“I don’t want to struggle anymore; I can’t afford my house, but I want to quit my job.” ~ Anonymous

Recently, I met a woman who was severely stressed at work because of verbal harassment.  To her dismay, her boss never took her seriously when she complained.  You can imagine that she’s going to take matters into her own hands…legally.  She has more worries than the next because her expenses are far more than her income. Yes, she engaged in emotional spending, which is now catching up with her pockets.

Her family consists of parents, two sisters and herself.  One is an attorney, the other is a doctor and she’s an accountant.  Of course, she earns less than her siblings, but finds the need to “Keep Up With The Jones”.  Against her husband’s wishes this young lady bought her dream house and car that she couldn’t afford.   You can see they aren’t on the same financial page.  This will hurt the relationship in the future.

Beware of pursuing your dreams of buying a home, car, clothes & credit card use before knowing your self-worth.  It’s time to get rid of your financial nightmares by acquiring education and changing for positive behavior.

  1. Invest in your needs instead of your wants.
  2. Understand what drives your desires.
  3. Know that anything worth having is worth working for.
  4. Keep the communication lines open with your partner.
  5. Budget within your net income.
  6. Save for your tangible goods.
  7. Develop a plan to pay off your purchase as quickly as possible.


As you address your financial concerns you must never allow material possessions to define who you are.  Too many times people define their self-esteem by what others perceive of them.

“Love Yourself Enough To Support Yourself.”

Property of SMG, LLC

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