The Dunnican AdVantage

How Can I Increase My Family’s Net Worth?

Numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter.
Posted by Cindy Dunnican on February 25, 2019 in  Building Wealth  Buying A Home  Owning A Home  Rent vs. Buy
How Can I Increase My Family’s Net Worth? Every three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013). These numbers reveal that the net worth of a homeowner is ... read more
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Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One!

If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.
Posted by Cindy Dunnican on February 18, 2019 in  Building Wealth  Buying A Home  Financial Investment  Home Ownership  Rent vs. Buy
Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One! In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went on to explain: “Homeowners are worth 40 times more than renters. Now, that first home doesn’... read more
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