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Renting vs. Buying a Home: This Is Exactly How To Decide Which Is Best For You

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Before you start evaluating and considering the pros and cons of buying or renting the house, answer these questions:It is one of the common questions most people ask – what is your budget.

Whenever you decide to spend on something, ask yourself what is the sum you can spend. In this case, you can calculate how much you already have and how much you need to save.

Calculate how much money each month you have to save and whether you can afford that. If not, perhaps, renting will be a better option.

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