Drip Drip Drip
by astanhaus
Please, watch Don Draper fixing a sink before reading further. Isn’t Don dreamy!?!
I don’t need a man to do much. But, plumbing is not on my resume. And that’s why roommate-less me rents.
(click on the bold-faced vocab word:))
Why I’m pro-renting. When the faucet leaks, I don’t pay for a plumber to fix it. I also don’t pay property taxes.
Now, why I will be pro-owning eventually…
A home is a good reason to save my pennies. A home and it’s mortgage will build equity over time. Mo money, mo value.
And 30 years (or less) after my mortgage begins, I won’t pay every month to have a roof over my head.
Dreamy—American Dreamy!
P.S. Thanks to the Council of Economic education, here is a very comprehensive overview of buying vs. renting.
(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)