The Pros & Cons of Homeownership #3: Inflation Protection - Financial Freedom, #209

How has inflation been on your wallet this year? It doesn't feel good to fall behind financially, does it? It's incumbent on us to stay ahead of inflation. Owning a home is a significant resource to overcoming our battle with higher prices. When we lock in a 30-year mortgage, we prevent someone else from dictating our principal and interest payments. However, that is only the start of the battle. We still must create passive income by renting rooms, starting an income-investing portfolio, and owning rental properties. We can stand the test of time when we have multiple streams of passive income and a fixed mortgage.
Good Luck!