Owning a home will help you save a lot of money in the long run in terms of rent and the like, but you should also bear in mind that there are going to be certain other costs that you will have to deal with as well. If you have a landlord, this landlord is going to be responsible for taking care of your home. If a certain type of damage ends up occurring and this damage was not caused by any kind of irresponsibility on your end, the landlord will have to pay the money for the repairs because it probably occurred due to a general flaw in the manner in which the home was constructed in the first place.
If you are a home owner, this expense is going to be yours to bear. After all, you are the sole owner of your home, and you need to take care of your house if you want it to remain livable for as long as possible. Figuring out the various ways in which your home can end up getting damaged is a pretty good way to make sure that you always have the required money set aside to repair things if they end up getting damaged.
Water damage is something that you will have to think about. It can sneak up on you, especially if you are experiencing a great amount of precipitation in any particular time of the year. Trying to preventing water damage from leaky roof is a great way to avoid having to spend money on repairs later on. Remember, prevention is always going to be a better investment that you can end up making instead of repairs because they tend to cost a lot less than repairs do.