#7: Rent vs. Mortgage
As you get older, you tend to realize that nothing in this life is for free. Whether it be your $4 coffee in the morning on your way to work or the medical bills piling up, you realize that something’s gotta give. But when it comes to living costs, people have always been divided on whether it is better to rent or buy.
Sure, both options have their benefits, but at the end of the day, if you are paying off a mortgage, that money is essentially benefiting you and going back into your pocket in a weird way. But if you rent, then you can say goodbye to your hard-earned cash every month. We know that buying isn’t a possibility for everyone, but if you can, you should.