Me (M34) and my wife(F29) finally are caught up financially after a tumultuous few years with us in college, getting married, having a baby, moving for a job, her being stay at home mom.
We have around 90k of equity in our home we purchased 2 years ago at 3% interest rate. I am making 55k annual in a low cost of living area. Should I be utilizing this equity in some way in the current financial climate to make up for list time on saving or investing it somewhere?
I am entrepreneurial minded but am currently risk averse as we just got on track after years of being behind.
original posted by IaintShoOk to r/personalfinance on Sat, 16 Mar 2024 23:54:37 GMT.