Rav Avigdor Miller on How To Spend Your Wedding Money (July 1984)

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Q:
What should a newly married couple do with the money they received as wedding presents?

A:
The money should be put away to buy a house. That should be an ambition of yours; everybody should own his own home. You don’t realize what a good investment it is. It’s a pity to have to pay year after year, big sums of money to a landlord.

Someday you’ll want to marry off a child, and you might need a big sum of money. And you’ll be able to take a mortgage against your house. And in general, it’s better to be the boss of your own home.

I’m not talking now about maaser and tzedakah; that’s something else. But the money should be used for newlyweds as an investment, as a nest egg, to buy a home someday.

TAPE # 512 (July 1984)