{"id":3047,"date":"2019-08-27T07:19:08","date_gmt":"2019-08-27T14:19:08","guid":{"rendered":"http:\/\/skyrisere.com\/listings\/?p=3047"},"modified":"2019-08-27T07:19:08","modified_gmt":"2019-08-27T14:19:08","slug":"how-to-grow-your-net-worth","status":"publish","type":"post","link":"https:\/\/skyrisere.com\/listings\/2019\/08\/27\/how-to-grow-your-net-worth\/","title":{"rendered":"How To Grow Your Net Worth"},"content":{"rendered":"<p>Every three years, the Federal Reserve conducts its <a href=\"https:\/\/www.federalreserve.gov\/econres\/scfindex.htm\">Survey of Consumer Finances<\/a> . Data is collected across all economic and social groups. The latest survey data covers 2013-2016.<\/p>\n<p><b>The study revealed that the median net worth of a homeowner is $231,400 \u2013 a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013).<\/b><\/p>\n<p>These numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter.<\/p>\n<h3>Owning a home is a great way to build family wealth.<\/h3>\n<p>As we\u2019ve said before, simply put, homeownership is a form of \u2018forced savings.\u2019 Every time you pay your mortgage, you are contributing to your net worth by increasing the  <a href=\"https:\/\/www.keepingcurrentmatters.com\/2019\/06\/04\/how-homeownership-delivers-unsurpassed-family-wealth\/\">equity<\/a>  in your home.<\/p>\n<p>That is why Gallup  <a href=\"https:\/\/www.keepingcurrentmatters.com\/2019\/06\/28\/americans-rank-real-estate-best-investment-for-6-years-running-infographic\/\">reported<\/a>  Americans picked real estate as the best long-term investment for the sixth year in a row. According to this year\u2019s results, 35% of Americans chose real estate. Stocks followed at 27%, then savings accounts and gold.<\/p>\n<h2>Here To Help<\/h2>\n<p>If you want to find out how you can use your monthly housing cost to increase your family\u2019s wealth, we are here to help. Find the personalized and experienced real estate professionals with the local market knowledge that will save you money with <i>Skyrise Real Estate Group<\/i>.<\/p>\n ","protected":false},"excerpt":{"rendered":"<p>Every three years, the Federal Reserve conducts its Survey of Consumer Finances . Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 \u2013 a 15% increase since 2013. At the same time, the median net worth [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","entry","has-media"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How To Grow Your Net Worth - Skyrise Real Estate Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/skyrisere.com\/listings\/2019\/08\/27\/how-to-grow-your-net-worth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How To Grow Your Net Worth - Skyrise Real Estate Group\" \/>\n<meta property=\"og:description\" content=\"Every three years, the Federal Reserve conducts its Survey of Consumer Finances . 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