3 Money Moves That Matter More Than Owning A Home
Homeownership isn't always the best financial move.
Here are 3 money moves that could matter more:
1. Building an Emergency Fund - Having 3-6 months of expenses saved provides financial security and flexibility that homeownership can't match. It protects you from unexpected expenses without forcing you to tap into home equity.
2. Maximizing Retirement Contributions - Contributing to your 401(k) or IRA gives you tax advantages, compound growth, and liquidity options that a house payment doesn't provide. Your future self will thank you.
3. Investing in Your Career and Skills - Whether it's additional certifications, education, or professional development, investing in yourself often yields the highest returns. Increased earning potential compounds over time.
Here are 3 money moves that could matter more:
1️⃣ Building an Emergency Fund - Having 3-6 months of expenses saved provides financial security and flexibility that homeownership can't match.
It protects you from unexpected expenses without forcing you to tap into home equity or take on high-interest debt.
2️⃣ Maximizing Retirement Contributions - Contributing to your 401(k) or IRA gives you tax advantages, compound growth, and liquidity options that a house payment doesn't provide.
Your future self will thank you when you have a robust retirement nest egg.
3️⃣ Investing in Your Career and Skills - Whether it's additional certifications, education, or professional development, investing in yourself often yields the highest returns.
Increased earning potential compounds over time and can accelerate your path to financial independence.
Homeownership is a great goal, but it's not the only, or even necessarily the best path to building wealth. These three moves provide flexibility, growth potential, and security that can position you for long-term financial success.
For more financial tips that challenge conventional wisdom, follow @sentientfinancialllc.
Sentient Financial is a state‑registered investment adviser in California. This post is for informational purposes only and is not an offer to buy or sell securities or to provide investment advice. Past performance does not guarantee future results.
