Ask Wellthi: Is it better to start a business first or buy a home?

Wellthi user JasmineJ posted in the Wellthi app this week with a classic millennial conundrum – should she bootstrap a startup first, or save for that cute craftsman bungalow she’s been eyeing on Zillow? It’s a toughie, like choosing between Coachella or the local indie music fest. 🎸

Wellthi GPT says:

Starting a business is like jumping into the latest TikTok dance craze. It’s all about the hustle, creativity, and staying up till 3 a.m. figuring out the moves. You’re your own boss (cue Lizzo’s “Good as Hell”), and the potential payoff could be colossal. But remember, it’s also like trying to cook an intricate dish from a viral foodie video — it’s risky, time-consuming, and there’s a chance it won’t turn out exactly as you pictured.

Did you know? By creating goals and sharing them in public with your friends and family, you’ll increase your chances of success! You can download the Wellthi app here, if you act by July 3, you could win $10,000 for just posting your financial goal in the app!

On the other hand, buying a house feels like landing that “stable job” your parents keep talking about. It’s the adulting level-up that comes with a sense of accomplishment, security, and, let’s not forget, a place to display all those plants you’ve been hoarding. But it’s a long-term commitment, and you need to make sure you’re ready for that binge.

Here’s the plot twist – why not consider both? Start your business while renting and then buy a house when you’ve hit some milestones. After all, who said you can’t enjoy your avocado toast while investing in the stock market? 😉

Remember, the best decision depends on your personal circumstances and goals. Make sure your choice reflects the script of your life and not just following the crowd like lemmings off a cliff.

So whether you’re ready to take the entrepreneurial leap or plant roots with a new home, remember – it’s your journey, own it! Just don’t forget to invite us to the housewarming party or the business launch. 🎉

You can download the Wellthi app here, if you act by July 3, you could win $10,000 for just posting your financial goal in the app!

#BusinessOrHome, #ToughChoices, #Adulting, #YourJourney, #WellthiWisdom,

Go Deeper

The Big Decision: Should You Buy a House or Start a Business? (60 Second Marketer)

Should you buy a house or start a business first? (Conversational)

Buying a House Is for Suckers (Entrepreneur)

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