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Own your home from "summary" of The Automatic Millionaire by David Bach
The concept of owning your home is a fundamental step towards building wealth and achieving financial security. When you own your home, you are essentially putting your money into an asset that has the potential to appreciate in value over time. This is in stark contrast to renting, where you are essentially paying someone else's mortgage and not building any equity for yourself. Owning your home also provides a sense of stability and security. You no longer have to worry about rent increases or the possibility of being asked to move out at any time. You have a place to call your own, a place where you can truly make your mark a...
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