Should I Rent or Buy a Home

We've got an exciting topic on the table today: renting versus buying a home. 

It's a decision that can greatly impact your finances and emotions, so let's dive in and figure out which option is right for you.

According to a survey by bankrate.com, 74% of Americans consider owning a home the ultimate marker of prosperity, even ranking it higher than having a successful career. This sentiment highlights the deep-rooted belief that owning a home symbolizes achievement and stability.

In this episode, I'll discuss the financial and non-financial considerations of both renting and buying a home. I'll help you understand the costs, potential benefits and drawbacks, and how to align your decision with your vision for the future.

It's going to be an episode packed with information and insights that could really make the difference when it comes to one of life's biggest decisions —the choice between renting and buying a house. It's not just an investment—it's a step towards crafting the life you've always dreamed of!

IN TODAY’S EPISODE, I DISCUSS: 

• Financial considerations of homeownership: mortgage, maintenance, taxes, insurance
• Comparison of costs between homeownership and renting
• Understanding the purpose of the rent vs. buy template

RECOMMENDED EPISODES FOR YOU
If you liked this episode, you'll love these ones:

• My Favorite Investing Accounts (And How to Maximize Your Returns)
• Why Knowing Your Financial Numbers is Vital to Your Future
• Your Money Questions Answered... Money Mentoring Over Coffee
• Creating Wealth & Freedom Through Acquisitions ft. Nick Bradley

TAKE THE FINANCIAL FREEDOM QUIZ:
Take this free quiz to see where you are on the path to financial freedom and what your next steps are to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com 

OTHER RESOURCES:
Free Rent Vs. Buy Calculator™: https://www.melabrahamtraining.com/lm-rent-vs-buy-calculator
7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.com
Affluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group

CONNECT WITH ME:
Website: MelAbraham.com
YouTube: MelAbraham.com/tube/
Instagram (@melabraham9): MelAbraham.com/ig/
Facebook Group: MelAbraham.com/group/
TikTok: https://www.tiktok.com/@melhabraham

GET MY BOOK:
“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – melabraham.com/book/

Sign up to join me on a private Zoom call and accelerate your way to financial freedom at melabraham.com/coffee

Join me for a 3-part, free live training where I teach you the blueprint to becoming financially liberated so you can experience the freedom you deserve!

Register at affluencelive.com