Money In Integrity

Ep 16: Renting Vs Owning: Pros and Cons - How You Figure Out Which Is Right For You


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Renting vs. Owning is the never-ending debate in personal finance. And the truth is, there is no right or perfect answer because it all depends on your personal situation, circumstances, and goals. 

 I've debated ever writing about this topic because it is a realm of personal finance that includes so many factors and real estate is very regional.  

However, this podcast episode was requested by a member of the MLA community, Emily, who DM'ed me regarding this topic. 

In this episode, I’m going to be sharing the 5 things you need to consider when looking at renting vs. owning. I will be covering: 

  • Why renting is not a waste of money and the true costs of homeownership
  • The areas of your area you need to assess to understand if renting or owning is best for you
  • My true numbers when it comes to renting vs owning (how much it costs me!)
  • The long term wealth building strategies (including investing and real estate)
  • And A LOT more. 

Play this episode if you are looking at renting or buying your first home and learn when it is the right decision for you. 

SHOWNOTES + LINKS

Renting vs. Owning: The 5 Pros and Cons You Need To Consider

NYT Rent vs. Owning Calculator

Toronto Rental Market (Video)

DON'T FORGET TO STAY IN TOUCH!

Email: [email protected]

Instagram: @millenniallifeadmin

Website: millenniallifeadmin.com

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Money In IntegrityBy Kimberly Van I Work Life Money