“As far as financing the purchase [of a vacation home], plan to have more cash for a down payment than you would to buy a primary home.”

Can I Afford It? Big Toys Edition

Did you know that Sunday was National Splurge Day?

To me, that means an excuse to take Lyft instead of the subway. To others with deeper pockets, it may mean springing for that fancy boat, Maserati or second home.

If you like to go big, here’s my latest Mint piece on what to know ahead of springing for these mighty splurges.

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So Money

Ask Farnoosh

My self-employed husband spends 33-35% of his gross income on business expenses. Is this a lot? What is the priority ranking for a double income no kids (DINK) household? Answering your questions and more with co-host and former So Money guest Belinda Rosenblum of OwnYourMoney.com.

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