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Is Renting Cheaper Than Buying

is renting cheaper than buying

Is renting cheaper than buying is something many of us ask ourselves, today you can rent or buy a place to call home, but also you can get furniture and other things this way. We are going to discuss which option is our best choice, since you are reading this I presume you are interested in knowing more.

Prices are exactly the same for you if your purchase is through an affiliate link or a non-affiliate link. You will not pay more by clicking through the link. Remember if you are in need of possible solutions to a problem, just leave it in my comments section so Gizmo can help you.

Is Renting Cheaper Than Buying

The big decision for as long as I can remember is do we rent or buy, we are going to look at the advantages and the disadvantages when it comes to a place to call home. Gizmo has went both ways on this, and I will share my own experiences as well as provide you with the facts.

Buying a Home

These facts comes from the website Lending Tree, which if you are not familiar with this company they make a living talking people into getting home loans from them. Everything they have shared are facts, now let us move on to the disadvantage next.

Renting Advantages

The advantages listed above was provided by the website The Zebra, you can use the link provided to read the entire article if you desire to. In my next paragraph, I am going to give you my own personal experience with renting and buying a place to call home.

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Renting n Buying

Gizmo was a proud homeowner for over 20 years, as much as I loved owning my own home and property there were advantages and disadvantages you should be aware of. That is what I am going to share with you here, so keep reading to learn what I experienced over the years.

Owning a Home Considerations

Many couples when thinking about purchasing a home are not aware of everything that goes with it, one thing is you are adding more stress into your life by owning instead of renting.

I really loved my home during my younger years, but once my sons grew up and moved away I was on my own. The house was way too large for me without children, and as I aged my health began to decline. This is just my own experience, I am not trying to persuade you one way or the other what to do.

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Homeowner Advantages

Now to be fair, I want to share also with you my positive experience owning my own homestead. There are many benefits as well as negatives, so let us read how this experience was positive for me.

You will find these are my own positive experiences when owning my own home and property, if I had it all over to do, I would more likely do it the same way. Being a homeowner is not for everyone, now really seriously consider your preferred lifestyle before you make this important decision.

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Renting Advantages

In this section you are going to read about my experiences by renting an apartment, we will begin with the advantages and then the disadvantages from my own experiences. Gizmo does welcome requests from you, all you have to do is leave them in my comments section.

This is how renting has been a positive experience for me in my older years, now we are going to read my negative experiences as well. You must understand both renting and buying have their advantages and their disadvantages.

Renting Disadvantages

Now you have an idea of my own experiences with buying and renting, I am more than happy renting my apartment now that I am older in age. When I was young this was not appealing to me with my hobbies, by me sharing this I am sure it will give you some things to consider before making the big decision yourself.

How to Buy a Home

What Can You Rent

Since we covered renting or buying a place to call home in ” Is Renting Cheaper Than Buying”, maybe you would be interested in more things you can rent instead of buying as well.

Depending on how often you are going to be using these might determine if you rent or buy them, as for me, some things I prefer to own rather than renting them. For an example I just bought myself a Fan Air Bike, I just wanted to buy my own instead of renting this particular product.

Something to Think About

When comparing the two options, renting can often come out ahead for the majority of people financially. If you are living an active lifestyle going out and traveling buying might not be the best choice, but on the other hand if you stay home much of your free time buying just might benefit you.

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Rent to Own Programs

Another option are rent to own programs, this is brand new to me so I can’t really share my own experience with you. Let us see what are the programs are available, and this will give you a place to begin if this interests you.

Here are three highly recommended programs , and for your convenience , you can click here to learn more. If you found “Is Renting Cheaper Than Buying” helpful, please share it on your social media for Gizmo. This really will help more people get this information, so if this appeals to you, I thank you for doing this for me.

Resources of the Day

We are at the point in this guide for my resources of the day, I do this as a special bonus for reading my entire guide. You can learn so much on the internet, but many of you are missing out because you lack the time to do the research on your own.

Alright, we are good to go on with our day. I hope you found something new by reading “Is Renting Cheaper Than Buying”, you are more than welcome to sign up for my free email publication coming soon if this interests you. If not, no hard feelings we still are the best of friends.








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