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Blog Image: Want To Increase Your Family’s Wealth? Here’s How!

Want To Increase Your Family’s Wealth? Here’s How!

Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth. Every month that you pay your mortgage, you are paying off a portion of the debt that you took on to purchase your home. Therefore, you own a little bit more of your home every month in the form of home equity. As your home’s value increases, you&n...

March 18th, 2019 | First Time Buyer, The True Cost Of NOT Owning Your Home, Stop Renting, Rent vs Buy, Want To Increase Your Family’s Wealth? Here’s How!