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Buying a House vs. Renting a House

by Flexo

Liz Pulliam Weston published a column explaining why it’s smarter to buy rather than rent a home. She cited some statistics that show that the average net worth of home owners in any income range are much higher than that of renters in the same range. Liz warns the readers to stay away from “buy ... Continue reading this article…

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Monday Morning News: Spending and Income Up

by Flexo

Hurricane repairs and insurance payments lift both personal spending and income; prices in check. This sounds like temporary relief to me. In fact, it’s not all good news. The saving rate is still negative at -0.4 percent. So while the move was in a good direction, we’re still spending more than we’re saving. I’ve tried ... Continue reading this article…

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