IS YOUR HOME REALLY AN INVESTMENT? HOW MORTGAGES ARE DRAINING FINANCIAL FREEDOM!
Is your home really an investment? How mortgages are draining financial freedom! You can watch it YouTube video, the summary of the blog in the form of conversation where the audio is created using Google NotebookLM, instead of reading the blog: Blog Starts Here: For many young Malaysians, owning a home is seen as a big achievement and a sign of stability. It’s something many people dream about. Some even justify their desire for home ownership by calling it an investment, but this can be a misconception. But is owning a home truly an investment, and is it as good of one as many people think? The truth is, your home might not be the wealth-building asset you've been told. In fact, your mortgage could be taking away your financial freedom . Key Takeaways Homeownership may not be the investment you've been told it is, with hidden costs and expenses that can erode your wealth. Your home's value is not guaranteed to appreciate, and the equity you build up ...