Purchasing a home is always a good idea... right?! And renting is a huge waste of money- or at least that's what you've heard. In this episode we address these two huge assumptions and cover the benefits of renting and buying a home. There are a lot of things to consider like geographic mobility, financial flexibility, housing stability, and creative freedom! Listen to the full episode to hear why either renting or buying a home might be a good idea for you.

A quick tip for now though: make sure that your rent or mortgage payment is no more than 25% of your monthly take-home pay. You don't want to be house poor!

And at the beginning of this episode we each cracked open a couple of Juice Bar Pale Ales by Wrecking Bar, which you can find and learn all about on Untappd. If you enjoyed this episode, be sure to subscribe and review us in Apple Podcasts, Stitcher, or wherever you get your podcasts!

For specific links and additional information about this episode, head over to our site: HowToMoney.com . Best friends out!

 Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Purchasing a home is always a good idea... right?! And renting is a huge waste of money- or at least that's what you've heard. In this episode we address these two huge assumptions and cover the benefits of renting and buying a home. There are a lot of things to consider like geographic mobility, financial flexibility, housing stability, and creative freedom! Listen to the full episode to hear why either renting or buying a home might be a good idea for you.A quick tip for now though: make sure that your rent or mortgage payment is no more than 25% of your monthly take-home pay. You don't want to be house poor!And at the beginning of this episode we each cracked open a couple of Juice Bar Pale Ales by Wrecking Bar, which you can find and learn all about on Untappd. If you enjoyed this episode, be sure to subscribe and review us in Apple Podcasts, Stitcher, or wherever you get your podcasts!For specific links and additional information about this episode, head over to our site: <a href="https://www.howtomoney.com/">HowToMoney.com</a> . Best friends out! Learn more about your ad-choices at <a href="https://www.iheartpodcastnetwork.com">https://www.iheartpodcastnetwork.com</a>

Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living a rich life.

How to Money

Renting vs Buying a Home #015

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a5238e05-b3b9-48bb-b448-ae320045793a/transcript

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