Description

3rd Decade Program Manager, Nikita Wolff & Lead Financial Mentor, Jennifer Edwards discuss the dilemma between renting or buying (depending on your situation).

In this episode, they cover:

• Tax benefits (or the myth of them to the common tax payer)
• Hidden costs
• The 5% rule as an easy way to find equivalent rents/mortgages
• Recommended Debt to Income Ratios (that are more sensible than industry standards)
• General advice to future homeowners
• Pros & Cons of both renting & buying

We hope this episode serves as a resource to show you that owning a home is not the right choice for everyone, and that you don't need a home to be financially successful.