Currently an E5 married (but still getting paid as e4 w/ less than 3yrs TIS).

    Location: Everett, WA

    Ship bout to go on yards for approx 2yrs hence will be needing a place.

    Current Financial Situation:
    Pay: 4500/mo
    Bills: 590
    Investments: 583 (roth ira)
    Food: 330
    Debt: 0
    Hysa: 20k
    Take home: 3000 (After taxes and bills)

    I have my wife coming to the US with me in few months (hence she don’t have a job yet).

    I might have a good bump of $500 on my pay once my e5 and 3yrs tis hit (nov of this yr i’ll be on my 3rd yr)

    For my current situation, is renting or buying a house will make much more sense?

    Rent or I can afford a house?
    byu/WannaBeeGOAT inMilitaryFinance



    Posted by WannaBeeGOAT

    1 Comment

    1. Unique_Dish_1644 on

      Renting almost certainly makes more sense for your pay and location. Have you looked a rentals vs what is for sale around where you would want to live?

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