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Tag: Buying A Home

There's a better place to put your money to maximize returns.

A self-made millionaire who retired at 37 says buying a home was ‘probably the worst financial decision’ he ever made

If you're angling for the biggest return on your money, it's clear that homeownership is not the way to go.
Anna Baluch and her husband, pictured, paid off their mortgage in less than two years.

I hustled to pay off my mortgage years before I had to, because there’s something even more important than the math

We decided to pay off our mortgage early, even though we aren't sure it's our forever home. For us, it's about freedom.

My husband and I bought our home, but if I had to do it all over again I’d choose to rent instead

There are plenty of reasons to buy instead of rent, but if I had to do it over, I would just continue renting.
Millennials are desperate to be homeowners, just like their parents before them.

Millennials are taking on bigger mortgages than ever before, and it shows we’ve been wrong about them for years

Millennials are taking over the mortgage market in the US. The generation now holds the largest share of new mortgages by dollar volume.
It's an age-old debate: Should you rent or buy?

Deciding to buy a home instead of rent isn’t always a question of simple math

If you're asking yourself "Should I rent or buy?" the answer comes down to whether you value certainty or flexibility more, says an early retiree.
Ramit Sethi.

I’m convinced real estate is one of the most overrated investments out there, but I plan to buy a house anyway because of a strategy I implement...

Ramit Sethi has been saving for that house since his late 20s, thanks to a sub-saving account that receives monthly automated contributions.
The month-to-month cost of owning a home varies by state.

Here’s exactly how much it typically costs to own a home in every US state

Coastal states like California, Hawaii, and New Jersey are expensive, while Appalachian states like West Virginia and Arkansas are less so.
They paid off their $330,000 mortgage in five years.

6 genius tips from a couple who paid off $330,000 of debt in 5 years

Tai and Talaat McNeely of His & Her Money paid off $330,000 in just five years — on one income. Their tricks included using 13 bank accounts, turning hobbies into side hustles, and being super organized. Their tips can help you pay off huge debt, no matter how impossible it seems.
Real estate or stock market: Which is the better investment?

Is buying a house a better investment than the stock market? We did the math, and the answer is clear

Whether real estate is a better investment than the stock market is an ongoing debate. Owning a home is often the biggest financial commitment someone will make, while investing in stocks is generally a key component of building wealth. We compared the two over the past three decades.
There's more to buying a house than you think.

10 hard truths no one tells you about buying a house

Being a homeowner is part of the American dream, but that white picket fence comes with a side of unexpected realities.