Prosperity Podcast Ep 241 Is Rent Throwing Away Money

Is Rent Throwing Away Money? – Episode 241

Is paying rent throwing away money? In this episode Kim and Spencer talk about the pivotal moment that changed their minds about paying rent and why flexibility is an important part of the equation.

 

They also have a lightning round of questions about different life scenarios where Kim answers if you should pay rent or if you should buy.

 

Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.

 

Links and Resources from this Episode

 

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Show Notes

  • 1:15  – Why it’s not the same perspective it used to be in the past
  • 3:22 – The pivotal moment why Kim changed her mind
  • 5:13 – Spencer used to own a real estate brokerage and investment firm and shares his insights
  • 6:47 – Lightning round of questions
  • 8:09 – What to do with excess savings if you’re paying rent
  • 9:23 – Does it ever make sense to buy rentals but rent your primary residence?
  • 11:45 – Remember that buying and renting is an emotional process

 

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