2194: Buy Your Freedom; Rent the Rest by FIRECracker
Optimal Finance Daily - Financial Independence and Money Advice
00:00
Car-Sharing and Housing: Three Things We Learned
Renting lets you get ahead because you don't need to take the financial risk to maintain a physical asset. You're also less stressed and you have more flexibility because your costs are always predictable. Had we bought an expensive house, most of our hard-earned cash would have been eaten away by housing costs. We came out way ahead with a seven-figure portfolio and the option to retire early and travel the world.
Play episode from 02:31
Transcript
