mortgage

By Terry Savage on August 29, 2022 | Housing / Real Estate

Hello, my husband and I just recently purchased a home, is there something that we need to keep focused on besides keeping track of our expenses every month? Is there a way of getting work done on the house without breaking the budget? Also Is there a site that helps with saving or shows saving tips? thanks

Terry Says

You’re smart to get organized now, because owning a home is full of unexpected expenses. You need to build up a savings reserve!

Also, check to make sure that your monthly mortgage also includes a set-aside for property taxes. And make sure your homeowners insurance is paid on time, if it is not included in your monthly mortgage payment.

I highly recommend The Budget Kit workbook by Judy Lawrence, available on Amazon. Yes, it’s old fashioned paper, but it’s very helpful in planning!

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