The 3rd Decade Podcast

Renting vs. Buying


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3rd Decade Program Manager, Nikita Wolff & Lead Financial Mentor, Jennifer Edwards discuss the dilemma between renting or buying (depending on your situation).

In this episode, they cover:

  • Tax benefits (or the myth of them to the common tax payer)
  • Hidden costs
  • The 5% rule as an easy way to find equivalent rents/mortgages
  • Recommended Debt to Income Ratios (that are more sensible than industry standards)
  • General advice to future homeowners
  • Pros & Cons of both renting & buying

We hope this episode serves as a resource to show you that owning a home is not the right choice for everyone, and that you don't need a home to be financially successful. 

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The 3rd Decade PodcastBy 3rd Decade