How can we balance the quality of life with financial risk? Doug deals with this issue on today’s show when he answers a listener’s question on how much money he should invest in buying an apartment. There are many advantages and disadvantages with renting versus buying an apartment/house. Find out what all the considerations are, including the common pitfalls of buying a home.

Takeaway: it depends on balancing today’s quality of life against tomorrow’s.

Today’s guest, Vicki Robin, coauthor of “Your Money or your Life: Transforming Your Relationship With Money and Achieving Financial Independence,” looks at the quality of life and relates this to the pursuit of money. Discover how your life energy can help you gain control of your finances and get started on the path to financial independence.

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Doug Goldstein, CFP®
http://www.profile-financial.com
Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at [email protected]