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Episode 2975:
Buying or renting a home isn't just a financial decision, it’s about lifestyle, long-term happiness, and personal circumstances. Sam of FinancialSamurai.com shares his journey to homeownership, offering practical tips like the 30/30/3 rule and emphasizing the importance of loving where you live. This balanced perspective helps you weigh your options and align them with your goals.
Read along with the original article(s) here: https://www.financialsamurai.com/how-to-decide-whether-to-buy-a-home-or-rent/
Quotes to ponder:
"If you were forced to live in your current location for 10 years, would you be happy, OK, or frustrated?"
"Deciding on buying a home is like deciding on a relationship or a marriage. You just know at that point in time."
"There’s no point in making money if one doesn’t spend it on things that improve the quality of your life."
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Optimal Finance Daily - Financial Independence and Money Advice