Quote:
Originally Posted by LEG1T
It should be known that renting is throwing away money.
Makes sense if your a baller or have too poor of credit to get financed. Otherwise financially... Owning > Renting
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Agreed 100000%
I still live at home for this exact reason. Trying to save up for a nice downpayment and waiting on my gf to finish nursing school. Im not ashamed of it at all. I cringe when I see friends sign apartment leases and see them just simply throw their money away.
Nobody answered my previous posted question though:
If you were going to set up I guess you can say a long term "piggy bank" for a house down payment where would you put your money into? I am looking into something that has a pretty good APY. I am leaning towards a money market account but I dont know if theres anything better or not.