You've probably heard "renting is dead money" and that you should buy a home because its better, at least you're not wasting your money 👀...
But is that really true?
Of course, there are many pros and cons with renting vs buying a home.
It's all a personal choice at the end of the day. Everyone has different goals and priorities in life. This is the strategy we prefer at this point in our lives and it doesn't mean buying a home is a bad thing. Also, buying a home is different to buying an investment property as well (there are different criterias and things you look for) - the two should not be mixed up!
🤓 Let me know in the comments what your thoughts are on renting vs buying a home?
If you enjoyed this video, give it a thumbs up and don’t forget to subscribe! 😇
Ps. If you have any questions, let me know in the comments!
- - - - - - - - - - - - - - - - - -
// Timestamps //
0:00 - Intro
0:35 - 1st reason (Lower upfront costs)
1:32 - 1st reason (Example of rent vs buying)
2:34 - 2nd reason (Lower ongoing/maintenance costs)
4:30 - 3rd reason (Additional cash flow to build wealth through investing)
6:14 - 4th reason (Flexibility & freedom)
7:01 - 5th reason (Access to amenities without paying for direct costs)
7:53 - 6th reason (Access to more desirable neighbourhoods)
8:30 - 7th reason (Less risk with renting)
10:15 - Downfalls of renting
11:04 - My final thoughts
12:10 - What are your thoughts? / Conclusion :' )
- - - - - - - - - - - - - - - - - -
~ Come Say Hello ~
Instagram: / withtheaims
Newsletter: substack.com/@withtheaims
- - - - - - - - - - - - - - - - - -
// Personal Finance Trackers & Dashboards //
📊 FREE Share Portfolio Tracker (Google Sheets)
withtheaims.gumroad.com/l/eed...
📊 FREE Savings Tracker: Sinking Funds & Emergency Fund (Google Sheets)
withtheaims.gumroad.com/l/Dzj...
📊 FREE Income & Expenses Tracker (Google Sheets)
withtheaims.gumroad.com/l/bno...
📊 FREE Net Worth Tracker (Google Sheets)
withtheaims.gumroad.com/l/dqhwpq
📊 Comprehensive Net Worth Tracker (Google Sheets)
www.etsy.com/au/withtheaims/l...
📊 Comprehensive Personal Finance & Budget Tracker (Google Sheets)
www.etsy.com/au/listing/11699...
- - - - - - - - - - - - - - - - - -
// Disclaimer //
This content is for educational and entertainment purposes only, and does not constitute tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. You should consider seeking independent legal, financial, taxation, or other advice to check how the information relates to your unique circumstances.
Негізгі бет Why Renting is Better than Buying a Home | 7 Reasons
Пікірлер: 21