It’s no secret that Americans do not save a lot of money. In fact, compared to the rest of the world we are near the bottom and it’s going down. Many people use their home as a way to force themselves to save money and for good reason…
You need a roof over your head and why not make some money while you are paying for it. I was talking to my mortgage lender and we were discussing the fact that many Americans do not adjust their withholdings to match their tax return and end up letting Uncle Sam hold their money until they get it back in the form of a tax return. I asked him to help me figure out on average what would happen if a person invested that money into their home and here is what we came up with.