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RE: Renting Everything And Owning Nothing

in LeoFinance5 years ago

In Nigeria here, renting is one of those things people do especially if they think they do not have money meanwhile at the end of the day they spend more money renting than they should spend to even buying their own property. It's all about choices and sometimes people do not even understand how to make the right choices because of the excessive desires and wants

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Yes I understand its the same here, its all about the nominal value with rent you don't have to pay massive deposit, deal with interest rates and all those fees that come with owning a home.

To be honest, very few people own their home, either, stop paying for a moment and see what the bank does to you and even if you have paid your home off, stop paying your property tax and see what happens to your home.

We own nothing, we're all just renting from someone.

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It sure is more expensive to be poor.

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Sadly that's the death spiral vortex many of us get sucked into and getting out is damn near impossible as time goes on

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I read an article here on LEO the other day about a Mom who was building up her LEO account. She uses her HIVE to survive with, but is building her LEO for WEALTH beyond survival.

I like this blockchain more everyday.

And also like the idea that I could live off of HIVE if I decided to move to another country. All of a sudden financial survival is so much less scary.

Wow, that is amazing, I hope to one day we can also maybe not TOTALLY live off it but at least cover some of the expenses or maybe crypto can be for treating yourself you know a nice holiday or something to spoil yourself

Even so, I think that we need more stories like these, I am happy to HODL knowing its helping others and making their lives better

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