Money & Why fictional learning case. This is an editorial scenario, not a real member’s story or a personal recommendation. Any KRW figures are illustrative Korean won amounts, not currency conversions. Eligibility, taxes and account rules must be checked in the relevant country.
A dual-income couple with two children feels their current home is too small and wants to move to a larger one. They have some cash and financial assets, but upgrading would increase both debt and the share of wealth tied to housing.
More space and a better school environment may improve family life, but the move could reduce money available for retirement, education, and emergencies.
How would you define an affordable home price using household finances rather than simply relying on the maximum amount a bank is willing to lend?
Work through this case
1
Compare debt payments, maintenance, transport and repairs before and after the move, plus the cash due at signing. The change is larger than floor area.
2
Test whether education and retirement contributions still fit after moving. Expected house-price growth does not fund next month’s savings commitment.
3
Include improving the existing space and changing the moving date as alternatives. Identify the specific family problem each option solves and the money left afterward.
Discussion exercise: Compare two workable options and identify the missing fact that could change your choice. Keep personal amounts approximate and never share account or identity information.
Editorial clarification and worksheet added September 19, 2026.