[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fu6w76yfbn8jz":3,"$ffeh0925h8cuz":47,"$f2emv3tus0uf1":51,"$fbwk2pqjjqsc7":55},{"item":4,"previous":35,"next":41},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":33,"updatedAt":34},1457,"homeownership-is-the-top-contributor-to-your-net-worth","Homeownership is the Top Contributor to Your Net Worth","Recently two \u003Cem>U.S. Census Bureau\u003C\u002Fem> researchers released their findings on the biggest determinants of household wealth. What they found may help shape your view on building your family’s net worth.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F10\u002F07135937\u002F20191016-Share-KCM.jpg","Recently two \u003Cem>U.S. Census Bureau\u003C\u002Fem> researchers released their findings on the biggest determinants of household wealth. What they found may help shape your view on building your family’s net worth.\u003C!--more-->\r\n\r\nMany people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, \u003Cem>Economist\u003C\u002Fem> Jonathan Eggleston and \u003Cem>Survey Statistician\u003C\u002Fem> Donald Hays, both of the \u003Cem>U.S. Census Bureau,\u003C\u002Fem> \u003Ca href=\"http:\u002F\u002Fwww.mortgagenewsdaily.com\u002F08282019_homeownership.asp\">shared\u003C\u002Fa> the biggest determinants of wealth,\r\n\u003Cblockquote>\u003Cstrong>\u003Cem>“The biggest determinants of household wealth [are] owning a home and having a retirement account.” \u003C\u002Fem>\u003C\u002Fstrong>(\u003Cem>Shown in the graph below\u003C\u002Fem>):\u003C\u002Fblockquote>\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F10\u002F20191016-MEM-1-1.jpg\">\u003Cimg class=\"aligncenter wp-image-40972\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F10\u002F20191016-MEM-1-1.jpg\" alt=\"Homeownership is the Top Contributor to Your Net Worth | Simplifying The Market\" width=\"650\" height=\"366\" \u002F>\u003C\u002Fa>This does not come as a surprise, as we often mention that \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2019\u002F03\u002F18\u002Fwant-to-increase-your-familys-wealth-heres-how\u002F\">homeownership\u003C\u002Fa> can help you to increase your \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2019\u002F06\u002F04\u002Fhow-homeownership-delivers-unsurpassed-family-wealth\u002F\">family’s wealth\u003C\u002Fa>. This study reinforces that idea,\r\n\u003Cblockquote>\u003Cem> “\u003C\u002Fem>\u003Cem>Net worth\u003C\u002Fem>\u003Cem> is an important\u003C\u002Fem>\u003Cem> indicator of economic well-being and provides insights into a household’s economic health.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nHaving equity in your home can help your family move in that direction, building toward substantial financial growth. According to the report noted above, people are not only creating net worth in the homes they live in, but many are also earning equity in rental property investments too. \u003Cem>(See below):\u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F10\u002F20191016-MEM-2-1.jpg\">\u003Cimg class=\"aligncenter wp-image-40973\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F10\u002F20191016-MEM-2-1.jpg\" alt=\"Homeownership is the Top Contributor to Your Net Worth | Simplifying The Market\" width=\"650\" height=\"366\" \u002F>\u003C\u002Fa>John Paulson \u003Ca href=\"https:\u002F\u002Fwww.azquotes.com\u002Fauthor\u002F35568-John_Paulson\">said\u003C\u002Fa> it well,\r\n\u003Cblockquote>“\u003Cem>If you don’t own a home, buy one. If you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong> Bottom Line \u003C\u002Fstrong>\u003C\u002Fh3>\r\nThere are financial and \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2019\u002F09\u002F26\u002Fhomeowners-are-happy-renters-not-so-much\u002F\">non-financial\u003C\u002Fa> benefits to owning a home. If you would like to increase your net worth, let’s get together so you can learn all the benefits of becoming a homeowner."," \r\nThere are financial and \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2019\u002F09\u002F26\u002Fhomeowners-are-happy-renters-not-so-much\u002F\">non-financial\u003C\u002Fa> benefits to owning a home. If you would like to increase your net worth, let’s get together so you can learn all the benefits of becoming a homeowner.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F10\u002F20191016-MEM-1-1.jpg",false,[17,21,25,29],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers",{"id":26,"name":27,"slug":28},11,"First-Time Buyers","first-time-buyers",{"id":30,"name":31,"slug":32},38,"Move-Up","move-up","2019-10-09T10:00:04Z","2019-12-03T18:01:24Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":15},1456,"what-fico-score-do-you-need-to-qualify-for-a-mortgage","What FICO® Score Do You Need to Qualify for a Mortgage? ","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F10\u002F03175256\u002F20191008-Share-KCM.jpg","2019-10-08T10:00:38Z",{"id":42,"slug":43,"title":44,"featuredImage":45,"publishedAt":46,"contentType":10,"isVideo":15},1458,"you-need-more-than-a-guide-you-need-a-sherpa","You Need More Than a Guide. You Need a Sherpa.","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F10\u002F09064514\u002F20191010-Share-KCM.jpg","2019-10-10T10:00:18Z",{"cover":48,"open":49,"shareSpread":50},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":52,"open":53,"shareSpread":54},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[56,60,61,62,66,70,74,75,79,83,84,88,92,96,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156,160],{"id":57,"name":58,"slug":59},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":63,"name":64,"slug":65},7,"Foreclosures","foreclosures",{"id":67,"name":68,"slug":69},8,"Infographics","infographics",{"id":71,"name":72,"slug":73},9,"Home Prices","home-prices",{"id":26,"name":27,"slug":28},{"id":76,"name":77,"slug":78},34,"Senior Market","senior-market",{"id":80,"name":81,"slug":82},35,"Mortgage Rates","mortgage-rates",{"id":30,"name":31,"slug":32},{"id":85,"name":86,"slug":87},41,"For Sale by Owner","for-sale-by-owner",{"id":89,"name":90,"slug":91},42,"Featured","featured",{"id":93,"name":94,"slug":95},45,"New Construction","new-construction",{"id":97,"name":98,"slug":99},52,"Luxury \u002F Vacation","luxury--vacation",{"id":101,"name":102,"slug":103},53,"Rent vs. Buy","rent-vs-buy",{"id":105,"name":106,"slug":107},80,"Time-sensitive","time-sensitive",{"id":109,"name":110,"slug":111},81,"Outdated","outdated",{"id":113,"name":114,"slug":115},147,"Internal","internal",{"id":117,"name":118,"slug":119},148,"Do Not Autopost","do-not-autopost",{"id":121,"name":122,"slug":123},320,"Inventory","inventory",{"id":125,"name":126,"slug":127},321,"Agent Value","agent-value",{"id":129,"name":130,"slug":131},322,"Affordability","affordability",{"id":133,"name":134,"slug":135},323,"Buying Tips","buying-tips",{"id":137,"name":138,"slug":139},324,"Downsize","downsize",{"id":141,"name":142,"slug":143},325,"Economy","economy",{"id":145,"name":146,"slug":147},326,"Equity","equity",{"id":149,"name":150,"slug":151},327,"Forecasts","forecasts",{"id":153,"name":154,"slug":155},328,"Selling Tips","selling-tips",{"id":157,"name":158,"slug":159},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":161,"name":162,"slug":163},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]