Buying or Renting - What is Best

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Before you get hot under the collar, this video is NOT designed to tell you what is best because there is no better option as its all down to peoples values.

If you value financial independence, you may not want to buy a house and live in it and if you value raising a family, you may want to have stability of your own home but this video is purely designed to wake you up to do your own maths!

Most people base their opinion on what they have heard and what others expect instead of working out how it will affect their own finances.

For me, I would rather have as much cash as possible early on and stay liquid to build wealth in a short space of time and then have the freedom to make a wider decisions with broader options.

Once you get into a mortgage, it makes it very difficult to become financially independent. Particularly if you live in the house.

Remember, this video is not financial advice and its not the be all and end all. There will be people arguing with the rates, the rent values and saying things like "what if I have a deposit" but this video is an example.

If you have a deposit, then you still have dead money tied up in the property so you would apply the 10% lost income to that figure.

If you want to learn how to invest your money and trade your money to accelerate wealth, check out my website at the top of this feed.

Jason G

Видео Buying or Renting - What is Best канала Jason Graystone