Welcome to Round 2 of the  “Know Better, Do Better” series born from the countless conversations two CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore, have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They are going to take you behind the numbers with real-life examples of financial situations to help you gain confidence and clarity to control your financial destiny.

In this episode, Lauryn and Chloé are showing behind the numbers of renting vs buying a home. While many people think they are going to save money if they buy a house instead of paying rent, that’s not always the case. You will learn the important things to think about and what the numbers really look like.

In this episode, Lauryn and Chloé talk about:

• The real costs of buying a house
• How being approved for a mortgage doesn’t necessarily mean you can afford it
• Why “new construction” doesn’t mean no additional maintenance expenses
• Why your mortgage payment may not stay the same for 30 years
• Things to consider before deciding to buy a house
• The expenses involved in selling a house
• The importance of thinking about your other expenses and goals when thinking about homeownership

If you want to further connect with Lauryn Williams at Worth Winning, follow us on social media:

• Instagram: @worthwinning
• Twitter: @worth_winning
• Facebook: @worthwinningfp
• LinkedIn: @lauryn-williams

If you want to further connect with Chloé Moore:

• Instagram: @financialstaples
• Twitter: @finstaples
• Facebook: @finstaples
• LinkedIn: @chloemoore

 Shared quote: “Successful homeownership is not just putting people in homes, it's also making sure people keep their homes.” -Michelle Collins

RESOURCES MENTIONED:

• A Comprehensive Guide for First-Time Home Buyers
• I'm a financial planner, and there are only a few situations where I recommend homeownership to my clients
• I'm a financial planner, and I think renting is a much smarter choice than buying a home for many people
• Mortgage Calculator