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Money Matters: Brilliant Hacks to Consider Before Purchasing a New Home

Motherhood Moments

Image via Unsplash It is true that the idea of buying a home continues to be the American dream, but one look at the real estate market will tell you that purchasing a property is getting more expensive all of the time. The lower your credit score, the more you may end up paying monthly.

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Stock Market Sectors: 11 Official GICS Groups

Savings Corner

Image source: The Motley Fool Investing in stock sectors At a glance, the 11 GICS stock market sectors are: Energy Materials Industrials Utilities Healthcare Financials Consumer Discretionary Consumer Staples Information Technology Communication Services Real Estate 1. Real estate 11.

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The Cost of Doing Nothing

Prairie Eco-Thrifter

If you neglect routine maintenance on your assets (real estate, belongings, etc) they may end up damaged, worth less or gone. If you neglect to winterize your home, your bank account will dwindle due to increased heating costs. This is one of the best ways to make your car last longer and perform better.

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The Worst Financial Decisions I’ve Seen

Prairie Eco-Thrifter

A relative of mine gradually lost income and assets over a 20 year period, having lifestyle downsizing forced on him multiple times and in multiple ways, from loss of cars all the way to loss of hot water for showering and money for food. Not paying your real estate taxes. Planning ahead to project your needs is important.

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It’s Easy To Make A Million Dollars

Prairie Eco-Thrifter

If you want to be worth a million dollars (without winning the lottery, inheriting a fortune or robbing a bank), you need to keep at it, for a really long time. You may be investing in real estate. You have to be willing to work hard towards your goal. Persistence. You have to persist in saving year over year.

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Buy crowdfunded real estate If you’re interested in investing in real estate but don’t want to do a lot of the heavy lifting (management, repairs, handling tenants and more), then another option is using a crowdfunding platform to invest in property. Some platforms invest in equity (stock), while others invest in debt.

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How to Save Money by Downsizing

Prairie Eco-Thrifter

More and more people are opting for smaller, more economical cars to reduce running costs as well greenhouse gas emissions. Folk are becoming more realistic and rejecting the out-dated belief that a large car indicates success. Downsizing my vehicle certainly has saved me money and will continue to do so for as long as I have the car.