logging in...Enter the email address for your account and we will send you your username.
processing request...An email has been sent with your username. Please check the email account associated with this username.
CloseVideos must be in .flv, .wmv, .asf, .avi, .mov, .3gp, .mpg, .mpeg, or .mp4 format, 100 MB limit.
Do not upload copyrighted materials without the original author's permission!
Basic registration is complete. You may now take part in the community discussions.
You may be required to provide more information to upload content, take part in a project or be a part of the show. You may complete your full profile now or close this window to continue.
Enter the email address for your account and we will send you instructions on how to change your password.
processing request...An email has been sent with a link to allow you to reset your password. Please check the email account associated with this username.
Close
subscribing ...You are now subscribed to The Nate Berkus Show newsletter.
Question 1: I should buy a new home if...
A. My mortgage payment would be equal to my current rent.
B. It's a steal and I can afford it.
C. I can qualify for a loan that only requires 3.5% down.
Suze Says: The correct answer is B, you should only buy a house right now if it’s a steal of a deal, have 20% down, 8 months emergency fund, plan to stay in it for 7 to 8 years and can afford the mortgage, property tax, maintenance and insurance!
Question 2: My current home only has one bathroom, but I want another. I decide...
A. I still have equity in my home. I'm going to take out a home equity line to add on the bathroom.
B. I have a little equity in my home. I'm going to sell and use that to buy something bigger.
C. Buy a portable potty and put it in my bedroom.
Suze Says: The correct answer is C, buy a portable toilet and put it in your bedroom! Suze admits even she used a portable toilet when she first moved to California from Illinois. If there's a solution that prevents you from going into debt, use it!
Question 3: Which debt do I pay off first?
A. Student loan debt
B. IRS debt
C. Credit card debt
Suze Says: The correct answer is A. Pay off your student loan debt first, because it's the only debt you can't discharge if you have to declare bankruptcy.
Join or

Sign up for Nate's newsletter:
Attach A Photo To Your Comment
Photos must be in JPEG, PNG, or GIF format (no progressive JPGs or animated GIFs), 100 MB limit
Do not upload copyrighted materials without the original author's permission!