DiscoverHow to MoneyYour House is an Awful Investment #030
Your House is an Awful Investment #030

Your House is an Awful Investment #030

Update: 2018-08-014
Share

Description

“Don’t rent, you’re just throwing away money. Buy a house instead, it’s a great investment!” - says almost everyone who purchases a home. It’s often accepted as a gospel truth that purchasing a home as a primary residence is always a great investment. This is just not true. We promise you, unless you’re house hacking, chances are your house makes an awful investment. It could possibly be a good lifestyle choice, maybe a great decision for you and your family, or perhaps you're getting a great deal, but that doesn’t mean you should consider it to be a great investment. In this episode, we cover all the different reasons why your primary residence is an awful investment, and then we also give some tips to consider to make your home a ‘less bad’ investment.

And at the beginning of this episode we enjoyed a Rueuze (2015) by Bruery Terreux 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, Castbox, 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!

Learn more about your ad-choices at https://news.iheart.com/podcast-advertisers
Comments 
loading
In Channel
Personal Mission Statements with $Pro Scott Rieckens #054
***We are pumped to start releasing an additional episode every week that we’re calling our money pro episode, or $Pro for short! Every Monday we’ll hear from a $Pro as they discuss a topic that they’re passionate and knowledgeable about, and then we unpack it even further and discuss the impact that topic has on our financial lives.***Too often in life it’s like we’re sleepwalking- as if we’re drifting through life without any clear guiding principles. Due to that, our day-to-day is filled with different people, companies/advertising, and events having more sway over our lives and money than we do. Scott Rieckens is here to change that with his approach to creating a personal mission statement and to remind us to proactively take control and start directing our own future! This is a topic that is near and dear to his heart. After realizing that his growing family was in a state of overconsumption, he and his wife re-assessed their family’s priorities which then led them to cancel their boat club membership, sell their BMW, and move away from pricey Coronado, CA. They didn’t have to do any of this, but they chose to do all of this after creating a personal mission statement! Listen as we break it down and go through how you can create your own mission statement- plus we share our personal mission statements as well.During this episode we enjoyed a Cold Mountain by Highland Brewing which you can find and learn all about on Untappd. A big thanks to our friends Clark and Nanci in Asheville for donating this delicious beer! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts, Castbox, or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://news.iheart.com/podcast-advertisers
Download from Google Play
Download from App Store
00:00
00:00
1.0x

0.5x

1.0x

1.5x

2.0x

3.0x

Your House is an Awful Investment #030

Your House is an Awful Investment #030

iHeartRadio