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#788731
Wed 10 Dec 2025 12:26:PM
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Joined: Feb 2001
Posts: 381,904
Launch Director
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OP
Launch Director
Joined: Feb 2001
Posts: 381,904 |
Shark Tank's Kevin O'Leary warns homebuyers against purchasing oversized properties, calling it a significant financial pitfall. He advises keeping mortgage payments under a third of after-tax income to avoid becoming 'house poor.' O'Leary advocates for a staged approach, starting with a smaller home and upgrading later as finances strengthen, especially with current high mortgage rates. Source: Money mistakes: Kevin O’Leary war...inancial trap people fall into unnoticed
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Entire Thread
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Money mistakes: Kevin O’Leary warns consumers; the biggest financial trap people fall into unnoticed
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Wed 10 Dec 2025 12:26:PM
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