The poor are poor because they buy liabilities, while the rich buy assets. An asset is something that you don't have to spend time on, but will give you money to spend. Simply put, buying a house is also called investment, renting it out is called financial management, installment payment is called debt, and buying a house by yourself is an asset! ! !

When you buy a house with a loan, you are the bank's asset, and the bank interest is your debt. If you still have to pay the debt, it's actually nothing ~ ~ loan. If you resell it or rent it, the difference you earn is higher than the bank interest, which is still cost-effective.

Landlord, you have such a good sense of investment and financial management that you should buy some assets instead of liabilities. For example, you can buy some assets that will give you interest income every month, such as land and insurance. When you don't have to work, the interest on assets is enough for your life and financial freedom.