Renting a House is Awesome
The Jesse Mecham Show
YNAB
4.7 • 1.1K Ratings
🗓️ 15 April 2019
⏱️ 9 minutes
🧾️ Download transcript
Summary
The upside to renting.
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Transcript
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| 0:00.0 | Hello, Winebbers. My name is Jesse Meekham and this is podcast number 371 for |
| 0:09.2 | Wineb, where we teach you four rules to help you stop living paycheck to paycheck, get out of debt and save more money. |
| 0:16.4 | Today I want to go on a little bit of a rant. |
| 0:20.3 | I hate it. |
| 0:21.3 | I hate it. just hate it. |
| 0:24.0 | When people act like renting a place to live |
| 0:30.0 | is the worst thing in the world. |
| 0:32.0 | When they act like renting is, quote, is the worst thing in the world. |
| 0:33.0 | When they act like renting is, quote, |
| 0:35.0 | throwing your money away. |
| 0:36.8 | It's not. |
| 0:38.1 | It's not. |
| 0:38.8 | You are paying for all sorts of convenience. |
| 0:44.0 | Let's think through just a few off the cuff because I didn't prep much beforehand. |
| 0:49.0 | So you're paying for shelter, okay, got it. You are paying for shelter. Okay, got it. |
| 0:53.0 | You are paying for flexibility. |
| 0:56.0 | You can change your location fairly easily. |
| 0:59.0 | You are paying for not having to worry about maintenance. |
| 1:04.0 | You are paying for being able to seize an opportunity, |
| 1:08.0 | which I guess is a lot like flexibility. |
| 1:10.0 | You are paying for not having the risk of the asset going down in value. |
| 1:16.0 | You are paying for sometimes depending on where you're renting like an apartment you're paying for other amenities that come along with them and that's just a few but I don't like when people say oh rent is just throwing your money away because at the end of renting you don't have, you know, |
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