Explain how renting or buying a home is connected with someone's ability to be generous.

Answer:

Renting or buying a home affects someone’s financial responsibilities, which can impact their ability to be generous.

Explanation:

When a person rents or buys a home, they take on regular, often significant, financial obligations—such as monthly rent or mortgage payments, property taxes, maintenance, and utilities. These ongoing costs reduce the amount of disposable income they have available. If housing costs are high, a person may have less flexibility to donate money, give gifts, or help others financially. On the other hand, if someone has affordable housing or owns a home outright, they may have more financial freedom to be generous. So, a person's housing situation directly influences how much they can afford to give to others.