Episode 107-Renting vs. Buying a Home for First Gens
Renting vs. Buying a Home for First Gens
In this episode, I answer: should you rent or buy a home? It’s not about following the crowd or what society expects—it’s about making the best financial decision for YOU. Many Latinx families see real estate as the only path to building wealth, but is it really?
I break this down and explore smart wealth-building strategies, and show you client examples of how renting is a better choice than buying and vice versa. Tune in to gain clarity on whether homeownership is truly your goal—or just what you’ve been told you should want.
There are much easier, more passive ways to build wealth than buying a house. Buying a house is a strong move because you can sell it and build equity. I’ll help you gain this clarity in my 1:1 coaching. To get a taste of what it’s like working with me, the next step is to sign up for my class THIS THURSDAY, 12/12. Can’t make it? I’ll send out a recording.
🚨Class price is going up the closer we get to the 12th—get in before it goes up again AT RANDOM🚨
SAVE YOUR SPOT HERE TO SIGN UP FOR MY CLASS ON 12/12: FINANCIALLY PREP FOR A HOME!
Need tailored help with buying a home? I have helped my clients close on their homes in just a few months while helping them generate $10k+ in passive income a year.
Inside of my 6 month coaching, I will walk you through how much cash you should save and WHERE, as well as how to set up your investments so you’re not stressing out about your finances and closing on a home with ease.
Book a call here to start my 6 month money coaching program!
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About Charly
Charly is a formerly undocumented digital nomad helping first gen clients embody their millionaire selves. Charly’s clients go from feeling guilty and anxious about money to feeling empowered to make money moves and PLAY more. Work 1:1 with them here.
The language of money seems intimidating because it’s designed to exclude those who are not familiar with it. Charly is all about changing that and making our community wealthy AF!
Follow Charly on IG: @travelercharly