Your House is an Awful Investment #030
Listen now
Description
“Don’t rent, you’re just throwing away money. Buy a house instead, it’s a great investment!” - says almost everyone who purchases a home. It’s often accepted as a gospel truth that purchasing a home as a primary residence is always a great investment. This is just not true. We promise you, unless you’re house hacking, chances are your house makes an awful investment. It could possibly be a good lifestyle choice, maybe a great decision for you and your family, or perhaps you're getting a great deal, but that doesn’t mean you should consider it to be a great investment. In this episode, we cover all the different reasons why your primary residence is an awful investment, and then we also give some tips to consider to make your home a ‘less bad’ investment.And at the beginning of this episode we enjoyed a Rueuze (2015) by Bruery Terreux 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, Castbox, 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!
More Episodes
New name, new look, and even new music- but deep down at the heart of it, we're still the same personal finance podcast! In this trailer, we're introducing How to Money, where every week we choose a money topic and have a conversation connecting that topic to you our listeners. So if you're ready...
Published 11/14/18
You’ve gone through all the hard work of saving your money for a down payment, you’ve spent countless hours searching for the right investment property, and now it’s time to find the right tenant! It can be pretty tempting to cut some corners on that last step, but the type of tenant who signs...
Published 11/07/18
Nobody ever wants to be called cheap- it’s an insult and brings all sorts of negative connotations with it. However, being frugal is a badge of honor and something worth striving towards. There is a temptation to become cheap when you are looking to get your finances in order, but instead we...
Published 10/31/18