STOP! Don't pay rent. Build Wealth.
Imagine what you can do with a home of your own as many advantages exist versus renting. You're not going to wake up at 12a.m. to the neighbors beating their headboard against your wall anymore. You're actually going to get your newspaper in the morning. Often times you can find a home in which the mortgage is less than what you currently pay in rent; and you're not throwing your money away. You're building wealth. Certain tax benefits exist for homeowners which can significantly increase the upside potential to purchasing a home. There are downsides to owning a home as well unfortunately; you'll have to fix faulty appliances or leaky roofs yourself. But weigh the pros and cons yourself...
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