GOBankingRates

When it comes to building long-term wealth, expenses are generally something that stands in your way. But in some cases, certain costs can actually benefit your finances over time. This can be a fine line to walk, as even "good" expenses can run away from you if you don’t budget properly. But by thinking of certain costs as investments rather than as simple drains on your cash flow, you might set yourself up for a better financial future. Your home mortgage may be your single biggest monthly expense, but it’s not simply sucking money out of your pocket. A home mortgage is an investment, as you’re paying down your loan debt and putting equity into your home with every single payment. This is the type of "forced savings" that can build real wealth for Americans. In fact, according to the National Association of Realtors®, homeownership is the largest source of wealth among families, amounting to a whopping 10 times the median value of financial assets they hold.

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