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5 Reasons Buying a Home is Better Than Renting!

Purchasing a home offers amazing financial benefits. Renting a home offers amazing financial benefits for the owner of the property you are renting from. Keep that in mind the next time you think about staying in your rental.

1. You Are Paying For A Home Regardless if You Rent or Buy

Some will argue renting eliminates the costs of property taxes and home repairs. All renters should realize that all the expenses your landlord must incur (property taxes, repairs, insurance and etc.) are rolled into your rent anyway along with profit margin.

2.  Home Ownership Is a Form of Forced Savings

Studies have shown homeowners have a net worth 44X times higher than a renter. It was recently estimated that a family buying a average home this past January could build more than $40,000 in family wealth in the next five years.

3. Owning Is a Hedge Against Inflation

Home values and rents tend to go up at or higher than the rate of inflation. When you own, your home's value will protect you against in…

Take the Train: From Richmond to New York City







What an amazing trip we just got home from. We weren't in New York City too long because we have other engagements we need to attend too but it was fun and exciting. Douglas wanted to go to New York and see the Yankees play the Red Socks for her sixteenth birthday. Although she is technically not sixteen until July 16th, this past weekend was when the Yankees were playing the Red Socks. We took the train from Staples Mill up to New York City. She hasn't ever been in a train so this was an new experience. 

Amtrak is a wonderful way to travel with a spacious leg room, air conditioned cars (bring a sweater) and a bathroom! So nice to allow someone else to do the driving and be able to sit back and relax. A lot of time during travel times, I drive and Joe works next to me on his laptop. I was able to sit back and see the scenery and I even watched a movie, No Strings Attached going up and Summer Rental coming back. 

We purchased drinks from the cafe car since we forgot our cooler in the refrigerator at home- It is ready to go again! On the way up we packed Farm Fresh's Spicy Fried Chicken, which is amazing, and homemade pasta salad. I'll share the recipe with you soon. Super simple and delicious.













Comments

  1. These photos are just lovely! I think it's wonderful you guys took her for a fun adventure for her 16th! I went to NYC too for my 16th.

    xo
    Rachel

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