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Deal with Your Debt: The Right Way to Manage Your Bill$ and Pay Off What You Owe by Liz Pulliam Weston

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Myth #3: Buying Is Always Better Than Renting

How many times have you heard someone say, “I had to buy a house because I was tired of throwing away money on rent?”

The reality is that you're not tossing cash out the window when you rent. You're buying freedom and flexibility, things you give up when you become a homeowner. Just hear what Alice had to say:

“I owned a home for five years and got rid of it when I realized the home owned me,” she wrote. “Getting reliable people for maintenance and repairs was a major hassle. Scheduling maintenance and repairs meant staying home from work and waiting for people who sometimes didn't even show up. I am now an apartment dweller and figure the rent pays for all maintenance and peace of mind.”

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