I even had several people tell me that I was making a stupid mistake.
I wasn’t surprised, though. Many people believe the myth that if you are renting a home you don’t know how to manage your money and that buying is always better, no matter what.
That couldn’t be further from the truth.
Sometimes buying can be the better decision, but there are times when renting can fit a person’s situation better.
While we loved owning our last home and there were many positives, buying a house last year would have been a huge hassle and a mistake for us.
Below are the many reasons why I’m happy we decided to rent our last home, but I’ve also included the reasons why we’re happy to eventually own our next one. Hopefully my opinion of renting vs buying below will help you decide what you should do. Everyone’s situation is different, so there is no right or wrong answer. [Read more…]