BONUS call: Buy vs Rent
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 12 December 2017
⏱️ 9 minutes
🧾️ Download transcript
Summary
This week on the BONUS call it's the age-old question about big city living...should I buy or keep on renting? Have a finance question? We want to hear from you! Email us at askjill@betteroffpodcast.com and we'll arrange to get you on. Don't forget, a brand new episode of the Better Off podcast comes out Thursday so stay tuned for more listener questions plus an informative interview. Better Off is sponsored by Betterment. Please let us know what you think by leaving a rating or review in iTunes. Connect with me at these places for all my content: http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ https://soundcloud.com/jill-schlesinger http://www.stitcher.com/podcast/jill-on-money http://betteroffpodcast.com/ https://itunes.apple.com/us/podcast/better-off-jill-schlesinger/id431167790?mt=2
Transcript
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| 0:00.0 | Welcome to the Better Off bonus call of the week. |
| 0:06.0 | We're sponsored by Betterment, the largest independent online financial advisor. |
| 0:10.9 | Now, I know we've been skipping some of the bonus calls recently because we've had these long interviews. |
| 0:15.4 | We're going to keep interspersing them. |
| 0:18.1 | So please, please let us know if you've got a financial question. All you have to do is send |
| 0:22.9 | us an email. Askjill at betteroffpodcast.com. Ask Jill at betteroffpodcast.com. We'll arrange to get you |
| 0:30.6 | on the air. We'll answer your questions. All right. So today we've got Chris and he is on the line from |
| 0:36.5 | New York City. Hey, Chris, welcome to Better Off. |
| 0:39.4 | What can I do for you? |
| 0:40.7 | Hey, thanks, Jill. |
| 0:41.4 | Thanks for taking my call. |
| 0:42.5 | Sure. |
| 0:43.2 | So my family and I, we moved to New York City about a year ago, where we lived before, |
| 0:48.0 | we used to own a home. |
| 0:48.9 | We sold the house when he moves here. |
| 0:50.5 | And we look at the real estate market, and we're trying to decide if a is it worth it to buy |
| 0:55.0 | at real estate in Manhattan we're going to stay in the city probably for 10 years maybe 15 or |
| 1:01.0 | doing online calculators and things that this doesn't look quite like it pays off as an investment so |
| 1:06.1 | if that's the case then what should we do with this chunk of money that we have left over from our |
| 1:11.2 | house sale? |
| 1:11.8 | Okay. |
| 1:12.3 | So wait a second. |
... |
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