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Save Money With DIY Home Repairs

Saving Cents With Sense

Every homeowner knows their home is a major investment that needs to be protected with maintenance and repairs, but not everyone knows how to perform home maintenance and professionals are expensive. For example, the average homeowner isn’t going to be able to troubleshoot and repair major plumbing and electrical problems.

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Tips For Keeping Home Plumbing Repair Costs At A Minimum

Saving Cents With Sense

While a lot of people try taking big steps – selling their large homes and moving into smaller ones, for example – there are also a number of smaller steps that can be taken to cut down your costs. Another example is to start buying monthly public transportation passes instead of paying to fill up the gas tank of your car.

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Realistic Ways to Save Money Each Month

Saving Everyday

Read on for strategies we use that really work! From an early age, my Dad instilled in us the value of hard work and living within your means. I vividly remember him saving his change all year and having us kids roll it for vacation. For example, this month we went about $135 over our frivolous spending budget.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Key takeaways Home equity loans and HELOCs are both financing tools that allow you to borrow against your ownership stake in your home. Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades.

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Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

Cash-out refinance Caret Down When you do a cash-out refinance , you use your home equity to withdraw cash to spend. This increases your mortgage debt but gives you money that you can invest or use to fund a goal, like a home improvement project. Your home equity is the difference between the two.