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
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?