More people are renting than buying today compared to historical trends, but most renters eventually want to buy a home. If you are currently a renter but are looking to eventually buy a home, you need to save for a down payment. Depending on your cash flow, this can potentially take a long time. […]
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Housing costs are one of the most expensive parts of any budget. In fact, according to the US Bureau of Labor Statistics, the average person spends 37 percent of their take-home pay on housing-related expenses – ouch. Whether you’re looking to pay off debt, save for retirement, or simply more wiggle room in paying the […]
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Moving into your own apartment is a big step for a lot of people. I know when I first moved out on my own, I really wanted to make my little apartment feel homey. Even though it wasn’t much, it was something I was really proud of at the time. Since I didn’t have a […]
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Most personal finance gurus suggest you keep your rent under 25 to 30 percent of your total budget. But, depending on where you live, that can either be a relatively easy or a seemingly impossible task. Millions of millennials are spending more than the recommended amount of a budget on their rent, as rent […]
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When it comes to the world of insurance, many millennials feel one of two ways: they’re too young to need it or it’s overwhelming to deal with. In addition, the very idea of insurance is viewed as an extra expense that doesn’t offer immediate benefits and usually gets put on the financial needs back burner. […]
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So you want to take the plunge into becoming an Airbnb host, but not sure what to expect? You’ve come to the right place. I’ve asked hosts from around the U.S. to chime in with their tried-and-true tips, including what the process was like to become a host and things they wish they knew before […]
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Moving can be frustrating. Nobody likes having to deal with packing, carrying heavy stuff, and having to adjust to a new setting. I’ve moved several times in the last few years and each time has been a learning experience of what to do and what not to do. As I’ve learned from relocating to different […]
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Housing is probably one of the highest monthly expenses you’ll ever have. While owning a home one day is a common goal for many of us, sometimes it difficult to tell whether renting or buying a home will actually be better for our finances now and in the long run. Personally, I was always told […]
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Today our friend Andy from the Marriage Kids and Money blog is stopping by with a post on how to make money on your home. Note that many of these ideas apply to renters as well! Mortgages. Electric bills. Unexpected repairs. Owning a home can be quite expensive. Every day, it seems like there is […]
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