Is renting in USA is cheaper than paying the mortgage? In UK it’s cheaper to pay mortgage, especially after about 5 years (renting 2 rooms will cost about as much as owning 3 bed house). With the time mortgage payments going down and debt becomes less valuable due inflation, but rent is always going up with the inflation. In uk rent is trap. I’m always saying that if you live in UK, you will have to buy a house, either for yourself or for your landlord.
This convo on buying time over stuff really got me thinking! Been slowly moving toward that ‘rich mindset’ too, even started putting a bit into a crypto IRA with My Digital Money. Wonder if anyone else here is going the same route to make money work long-term?
I got inspired by this video and reinforced my idea that caring about politics is a waste of time. Better using that time to learn a skill.
Great video!!! Love it
Yes, don’t binge Netflix and watching others becoming rich. Can watch TH-cam for free. TH-cam has more educational stuff covering any topics.
Is renting in USA is cheaper than paying the mortgage? In UK it’s cheaper to pay mortgage, especially after about 5 years (renting 2 rooms will cost about as much as owning 3 bed house). With the time mortgage payments going down and debt becomes less valuable due inflation, but rent is always going up with the inflation. In uk rent is trap. I’m always saying that if you live in UK, you will have to buy a house, either for yourself or for your landlord.
Most places it is now cheaper to rent than it is to buy a house. With interest rates being at their high and prices, it doesn't make sense right now.
Is that a Lindsay lohan picture on the wall?
This convo on buying time over stuff really got me thinking! Been slowly moving toward that ‘rich mindset’ too, even started putting a bit into a crypto IRA with My Digital Money. Wonder if anyone else here is going the same route to make money work long-term?