If you’re a born spender should you just keep on spending and forget about the consequences?
Stephan Siegel at the University of Washington and Henrik Cronqvist of Claremont McKenna College seem to think so. Read More
Why Knowing your Personal Home Finances will Change your Life
Do you know what you owe on your mortgage? Do you know if you have the proper coverage for the contents in your home? What about knowing what you home is worth in three years? Questions like these and more are important to help us all make the best financial decisions for our life. Read More
Managing Your Home Finances for More Effective Home Management
Managing a household budget can be tricky if you are not able to document all the details about your average monthly spend. Many homeowners keep a list of electric, telephone, mobile phone, care givers, groceries, water, mortgage and car expenses. But many people forget about their home maintenance spend, their insurance fees and home repair costs throughout the year. These activities either pop up unexpectedly or they are not monthly expenses and are forgotten because they happen periodically. These are just a few expenses that are forgotten when it comes to overall home management. Looking at five key areas of finances that directly impact your home will help you have better visibility and understanding of your home that can help you make better decisions that pertain to one of your largest assets. Read More
10 Home Finance Questions You Should Have the Answer To
Your home is the biggest part of your net worth and according to statistics, accounts for nearly 40 to 45% of your monthly expenses. As a result, you should always be on the lookout for ways to minimize the expenses and maximize the value. Especially over the long run, as eventually you will sell your current home. Read More
How to Better Manage Household Finances
I forgot to drain my hot water heater and low and behold buildup of sediment and dirt filled the hot water heater and now I have to replace a two year old hot water heater sooner than expected. Yikes! Where am I going to get the money so that my showers are at least warm and my dishes get clean with good hot water? This happens all the time and you may have run into this scenario and others like it when it comes to Read More
