Know Better, Do Better Series: Renting vs Homeownership, With Lauryn Williams and Chloé Moore

This is the “Know Better, Do Better” series born from the countless conversations two CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore, have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They want to help you gain financial confidence and clarity to control your destiny.

In the first episode of this series, Lauryn and Chloé dive into the trendy topic of homeownership. Even in the midst of the pandemic, the housing market has continued to soar. Many sellers are getting over the asking price and many buyers are struggling to buy while being caught up in bidding wars. It’s easy to fall into the trap of thinking that since everyone else is doing it, it must be good. But, is buying a house vs renting really the right decision?

In this episode, Lauryn and Chloé talk about:

• Why a primary residence is not an investment
• 4 questions to ask yourself before buying a house
• The downsides of homeownership
• Common mistakes people make when buying a house
• If they think people are really “throwing money away on rent”
• Common mistakes people make when refinancing their mortgage
• The importance of prioritizing what’s important to you when it comes to your finances

If you want to further connect with Lauryn Williams at Worth Winning, follow us on social media:

• Instagram: @worthwinning
• Twitter: @worth_winning
• Facebook: @worthwinningfp
• LinkedIn: @lauryn-williams

If you want to further connect with Chloé Moore:

• Instagram: @financialstaples
• Facebook: @finstaples
• LinkedIn: @chloemoore

RESOURCES:

• Chloé’s Business Insider article: “I'm a financial planner, and there are only a few situations where I recommend homeownership to my clients”
• A Comprehensive Guide for First-Time Home Buyers
• First-Time Home Buyer Programs by State: https://time.com/nextadvisor/mortgages/first-time-homebuyer-loans-and-programs/