Renting vs Buying a Home #015
How to Money
iHeartPodcasts
4.6 • 3.2K Ratings
🗓️ 18 April 2018
⏱️ 53 minutes
🧾️ Download transcript
Summary
Purchasing a home is always a good idea... right?! And renting is a huge waste of money- or at least that's what you've heard. In this episode we address these two huge assumptions and cover the benefits of renting and buying a home. There are a lot of things to consider like geographic mobility, financial flexibility, housing stability, and creative freedom! Listen to the full episode to hear why either renting or buying a home might be a good idea for you.
A quick tip for now though: make sure that your rent or mortgage payment is no more than 25% of your monthly take-home pay. You don't want to be house poor!
And at the beginning of this episode we each cracked open a couple of Juice Bar Pale Ales by Wrecking Bar, which you can find and learn all about on Untappd. If you enjoyed this episode, be sure to subscribe and review us in Apple Podcasts, Stitcher, or wherever you get your podcasts!
For specific links and additional information about this episode, head over to our site: HowToMoney.com . Best friends out!
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Transcript
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| 0:00.0 | Hey everybody we are Ben Bullen, Matt Frederick and Noel Brown of Stuff They Don't Want You To Know, |
| 0:05.1 | the podcast on iHeartRadio. |
| 0:07.1 | We're hosting a super special event in iHeartland. |
| 0:10.2 | That's right, we're diving into secret society. |
| 0:13.6 | Three bases, the Illuminati, Lehemian Grove, |
| 0:16.9 | we'll explore all of this and more. |
| 0:19.0 | Straight from State Farm Park in iHeartland for a limited time. |
| 0:22.4 | So don't miss it. |
| 0:23.4 | We're going all in. |
| 0:24.3 | So head to iHeartRadio.com slash iHeartland to check it out. |
| 0:31.0 | Check out the Your Financial Maven Podcast, |
| 0:33.5 | where we need to change the way we think about money, |
| 0:36.0 | our understanding of it, and the effects. |
| 0:38.4 | I'm Samantha Mitman-Besnov, CPA, |
| 0:40.5 | and I have spent over 25 years in the accounting field. |
| 0:43.6 | The Your Financial Maven Podcast will touch on things like saving and budgeting |
| 0:47.6 | and really anything around money to help you feel financially empowered. |
| 0:51.8 | Listen to the Your Financial Maven Podcast on the iHeartRadio app, |
| 0:55.6 | Apple Podcast or wherever you get your podcasts. |
| 1:00.4 | Hey, it's Joel- and Matt. |
| 1:02.4 | And if you're like us, you're probably staying up way too late, |
| 1:05.1 | asking questions like, how can I hate my taxes less? |
... |
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