Many people see a mortgage as just another debt, but it’s actually one of the most powerful tools for building long-term wealth. Instead of renting, where payments vanish each month, owning a home allows your monthly payments to build equity — essentially turning part of your payment into forced savings.

Over time, as property values rise and your loan balance decreases, the gap between what you owe and what your home is worth grows — that’s your net worth increasing. With smart planning, you can leverage this equity for future investments, renovations, or even purchasing rental properties.