3min snip

Erika Taught Me  cover image

Do You Have Money Trauma?

Erika Taught Me

NOTE

Discussion on Buying vs Renting and Introduction to an Investing App

Factors influencing the decision to buy or rent a personal residence include the price-to ratio in the area, with high-cost cities favoring renting and lower-cost areas favoring owning. Investing in assets is crucial for outpacing inflation, and an investing app called Webull offers between 6 to 12 free fractional shares for new users. Determining the price-to-rent ratio for a city involves dividing the home's price by the annual rent, with a lower ratio indicating a better opportunity for ownership or investment.

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