Homeownership is one of the most time-tested ways to build wealth in the U.S. It can help you build wealth thanks to home appreciation â but this isnât always guaranteed (just ask anyone who bought a home right before 2008). Another way to build wealth through homeownership is by upgrading your home, thereby increasing its value. […]
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When we bought our first home in 2013 we thought it would be our forever home. We planned on renovating once we were in a better place financially, but 6 years later we found ourselves struggling with the decision to renovate or sell.Â
Along with the excitement of purchasing a new home, comes the additional costs that you will be expected to pay as a homeowner. Apart from covering the mortgage of your home, you’ll have additional expenses – such as home insurance – that you will be expected to cover. If you’re looking to budget for a […]
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