New Ways Homeownership Builds Wealth

PlayMoney Girl

New Ways Homeownership Builds Wealth

Ep. 1011•Wednesday, April 15, 2026

1011. While becoming a homeowner seems to get more difficult as home prices, mortgage interest rates, and home insurance premiums continue to rise, it’s essential to know how owning real estate can help you build wealth. Laura covers seven ways buying a home improves your finances. Whether you’re considering becoming a first-time homebuyer or ditching your home to be a renter, understanding some old and new ways that homeownership helps build wealth is essential.

Key Takeaways:

• How much richer homeowners are compared to renters.
• The two ways homeownership helps you build equity: price appreciation and paying off an amortizing mortgage.
• Whether homeownership costs more or less than renting largely depends on your location.
• Some costs of homeownership can increase, but buying a home largely protects you from inflation.
• Various home-related tax deductions, including a new one, make homeownership more affordable if you itemize on your tax return.
• The capital gains tax exclusion is one of the largest tax breaks that qualifying homeowners enjoy when they sell their home.

Upcoming Wedding Series This May: We want your questions about wedding finances! Whether you're the bride, groom, or a guest, send us your questions about budgeting for the big day. Email: [email protected] or leave a voicemail: (302) 364-0308.

Money Girl is a Quick and Dirty Tips Podcast hosted by Laura Adams.

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• 1012. How Can I Stop Overpaying for Home Insurance?

  12:52| Friday, April 17, 2026|Ep. 10121012. Feeling financially squeezed by the rising cost of homeowners insurance? Laura answers a listener’s question about how to pay less while maintaining coverage required by a lender. Find out how to protect your finances with home insurance without overpaying for it.We talk about:Underlying reasons why homeowners premiums are rising, especially in high-risk areas.Tips for saving by increasing home insurance deductibles.Comparing the price of bundled coverage to policies with different carriers. How various home upgrades and technologies can qualify for money-saving discounts.The role that having good credit plays in reducing your home and auto insurance rates (in most states).Why proactively shopping and asking about potential homeowners insurance discounts is essential for cutting the cost.Upcoming Wedding Series This May: We want your questions about wedding finances! Whether you're the bride, groom, or a guest, send us your questions about budgeting for the big day. Email: [email protected] or leave a voicemail: (302) 364-0308.Money Girl is a Quick and Dirty Tips Podcast, hosted by Laura Adams.Discover more from Money Girl!FacebookNewsletterTranscripts available at QuickandDirtyTips.com.
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