Cynthia Jones, a 64-year-old retired librarian from Toledo, advocates for single women to pursue homeownership. After divorcing her husband, she successfully purchased several homes independently, starting her journey as a single homeowner in 1982. Jones highlights the financial benefits of owning property, citing it as a stable investment compared to stocks. She also shares her pride in teaching her daughter the same principles, showcasing their shared experiences of thriving in single life, pursuing careers, and traveling. Jones emphasizes homeownership's benefits for families, notably the positive impact it can have on children's education.
Owning property is one of the few investments that allows you to retain the asset while still making money. In contrast, with investments like stocks, you must sell to realize any profit.
Some research has shown that children who live in a family-owned home may fare better in school. I have seen some of these benefits firsthand.
I have always encouraged single women to build wealth through homeownership and real-estate investing. Homeownership offers stability and flexibility.
As a single woman, I purchased my first property for my toddler and me. Now, at 68, I live in my fifth - and final - home.
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