A strong income gives you options. Deciding which ones fit your life takes more thought.

On Episode 17 of the Podca$h Podcast, Jason and Mike of Magnetic North Advisors walk through the rent-versus-buy decision, including the expenses beyond a mortgage payment: property taxes, insurance, maintenance and PMI. They also discuss how your location, family plans and time influence the decision.

The conversation turns to a challenge they regularly see among successful savers: getting comfortable spending the money they worked so hard to accumulate. Jason shares a retirement planning example that illustrates how someone’s financial capacity can outgrow their spending habits.

They also explore ways to build a family legacy while you’re here to enjoy it, from helping children and grandchildren to creating an annual family vacation tradition.

Plus, Mike shares a lesson from his first year of marriage that applies to money, priorities and everyday life: communicate your expectations.

Subscribe for practical conversations about money, family and making thoughtful decisions with what you’ve built.

？Questions – Contact us: https://www.magneticnorthadvisors.com/contact

↔️ Connect with us on LinkedIn: https://www.linkedin.com/in/jasonmpriebe/ — https://www.linkedin.com/in/michael-challe-cfp%C2%AE-5962a5a6/

🌐 Magnetic North Advisors (website): https://www.magneticnorthadvisors.com/

▶️ Magnetic North Advisors on YouTube: https://www.youtube.com/@MagneticNorthAdvisors

If you or someone you care about could use the help navigating their financial future, make sure to get in touch with us—we'd love to help.

Thanks for Listening!