Saving money is tough when your focused on just paying your bills – but there are some steps you can take to find extra money to save. Here are just a few suggestions:
Create a Realistic Budget – In order to save you have to know where your money goes. For one month, track every expense. Add it all up and compare it to your total income.
Trim the Fat – Look for ways to trim expenses. Identify those expenses you don’t really need – like those daily office snacks or morning latte, or that rarely used gym membership.
Save Spare Change – Each night empty your pocket or purse of your spare change and put it into a safe place. You won’t miss it, and it’s amazing at how quickly it adds up.
Augment Your Income – Chances are you can add to your income with a passion or a hobby – maybe you’re a good writer and could write blogs, or help others with social media. Maybe you have other skills like photography, babysitting, baking – people will pay for services they need, but don’t have the time or talent to perform. If you don’t have a passion or hobby – you could sell things you don’t use on eBay or Craigslist. Use your imagination and skills to boost your income.
Emergency Fund & Savings Accounts – Financial planners suggest you have 6 months worth of income in an emergency fund that you never touch, or only use in case of an emergency, and no buying a new couch or big screen TV is not an emergency. Once you have that in place start working on an interest-bearing savings account.
401K Account – If you work for a company that matches funds in a 401K account, take advantage of it. Put as much as you can into your matching fund account and let the company match it – it’s free money and will pay big dividends over time.
Saving money is a long term strategy. The best savings strategy is to get started right away, be relentless, and let time be your friend.
How are your closets looking? Are they stuffed to the brim with never-used guest towels, old toys, and the fine china you never use?
Here’s a tip: If your closets look like they can’t fit another thing inside, buyers are going to assume your house doesn’t have enough storage. And storage is, oddly, as important to most buyers as the number of bedrooms and bathrooms.
The storage factor is just one thing to consider when selling your home. We’ve compiled our top five home-selling secrets, and would love to talk with you more about prepping your home to sell. Reach out any time for more information.
Plus: if you haven’t done so yet, check out our Name Your Selling Price website, where you can enter the price you think your home is worth. We have a large inventory of buyers, and if we find a buyer interested in your selling price, we will let you know.
It’s common for home sellers to make big, sweeping improvements on their homes right before they sell. But while it’s true that buyers may prefer a kitchen with stainless steel appliances and granite countertops, you won’t recoup the cost of that major upgrade when selling.
If you’re hoping to sell in the next year, it’s best to put your money towards small changes that have a big impact. Here are the six best DIY tips to prep your home before selling.
Here are 5 easy and effective ways to boost the value of your home prior to listing it for sale.
via 5 Cost-Effective Ways to Please Buyers AND Their Home Inspector » Coldwell Banker Blue Matter.
Houston named America’s No. 1 city by top national magazine. Here’s the full list…
Link to Forbes article
The Federal Housing Authority (or FHA) recently reduced its annual mortgage insurance premiums from 1.35 percent to 0.85 percent. This is good news not only for those wishing to obtain an FHA loan to purchase a home, but the real estate market in general. Experts say this should increase overall home sales in the coming years. Please check out the link below to see the article with more details of this recent announcement.
via FHA Fee Cuts Expected to Boost Home Sales | Realtor Magazine.