“I’ll be forty years old this year, and all my friends keep encouraging me to buy my own home before it’s too late. I’m very comfortable with my rented property and I really don’t want to spend a lot of money buying a house. Am I making a financial mistake by continuing to rent instead of buying? “

The biggest financial dream of most persons is to own their own home. However, an increasing number of people are opting out of home ownership, even though they may be able to afford to buy.

Is purchasing your own home the great financial benefit that it’s always portrayed? Or could it be more profitable to put your cash in other forms of investments? There is no one answer that will suit every person.

Buying a home is a significant investment of time and money, and you will need to consider the pros and cons of renting versus buying, in order to decide what’s best for you. Continue reading Buying vs. Renting a Home →