The Pros & Cons of Homeownership #1: Wealth Creation

Can owning a home help you build wealth? Absolutely. However, wealth doesn't come free. Wealth costs information. You cannot simply buy a home and become wealthy. You must understand how to leverage your home to create cash flow. Wealth is having excessive income versus expenses. The more cash you generate and the less you spend, the easier it is to become wealthy. Your home provides ample opportunity to increase your cash flow while keeping your housing expenses flat. It's a great setup to build wealth with the right mindset. Good Luck!