In today’s episode, I talked about the fact that your residential home is not an asset.
Families, friends and clients have children who move out of the house, they get a bigger house and they put all their effort into buying this house. Getting it nice and making it lovely. But let me tell you this, your residential home is not an asset. It's actually only an asset when it's sold and then you or your beneficiaries receive the money from it.
I always believe in a balanced approach not to put all your eggs in one basket.
Don’t forget to go and check out my two books, a journal diary planner called a wealth accelerator planner and 10 ways to accelerate your wealth book.