Financial Advisors React to Their FAVORITE Finance Creators

This episode is brought to you by Indeed. Stop waiting around for the perfect candidate. Instead, use Indeed sponsored jobs to find the right people with the right skills fast. It's a simple way to make sure your listing is the first candidate see. According to Indeed data, sponsor jobs have four times more applicants than non sponsored jobs. So go build your dream team today with Indeed. Get a $75 sponsor job credit at indeed.com/podcast. Terms and conditions apply. Zip a dee doo dah. I hear we got some content creators that work in the financial space that we actually know and love today. Brian, I am so excited to see what some of our friends have to say about personal finance. What home price can you buy with your salary? So if you look at this table, I used a 6% thirty year mortgage rate, and then I calculated the mortgage payment that you could expect. And then I just backed into what your salary should be for different home prices. For example, on a $400,000 home, the monthly mortgage payment is $26.31 per month, which means that the suggested salary is a $112,750 using the 28% rule of home buying for comfortable affordability. This payment column does include property taxes and insurance monthly, and I also assume that you had a 20% down payment. So I think that this shows that homeownership in America is really tough because the median price of a home in America as of the latest data was $410,000. The median household income is around $84,000 per year, which means that the median household income cannot afford you a median priced home anymore in America. And in other regions, it's even harder. So in San Francisco, the median priced home was $1,390,000 as of 2026. And just to show you the salary suggestion to buy a high end home, here's a table for these homes. Now what you can afford is not the same as what you can qualify for by the banks, and I'm gonna make a video on that next. So if you want that video, follow me for more. Wow. I agree with a a lot of what he said. We have a slightly, like, different flavor just to touch. Because we think when it comes to buying a home, we want you to follow three five twenty five. He said that all of his assumptions assumed a 20% down payment, but this is a first time home. We would argue that you don't have to put down 20%. You can get away with putting down three to 5% on the first home. We wanna make sure that you can stay in that home, that you see see yourself being there for at least five to seven years, and we want the total housing expense, your total house payments, not exceed 25% of your gross income. So I think we were really, really close, but just some subtle little nuance …