As the weather begins to warm, you may be thinking about your summer plans. Are you hoping to take a much-needed vacation with the family, basking in the sun next to your dream pool or even catching up on your summer reading in your new sun room?
Planning the summer of your dreams is easy. But funding the summer of your dreams may be a bit more difficult. However, your home could be the perfect financial option!
Newlywed’s Guide to Building a Budget
Getting married can be exciting. Once the honeymoon is over you’ll begin settling into the routine of married life. Your decisions from now on will no longer just affect one person; it will also affect your spouse. To avoid falling into financial issues, one of the first things you should do as a couple is to create a household budget.
Regardless of whether you and your spouse have lived together before, prior to being married you both made and spent money independently. As a married couple, you will now have different priorities and being financially stable is important. Buying a home, making investments for your future, having children, all of that requires financial stability. Building and maintaining a budget will help you ensure that you and your wife/husband spend and save your income wisely. Here’s a guide we put together for newlyweds just like you, who want some guidance on how to build a budget with their spouse:
Many people have heard the siren song of the 0% credit card balance transfer. The trick is to decide whether or not such an offer can work out for you, without entirely losing your head. Follow these tips and watch your step, because this path might not be as tempting as it seems.
Mortgage down payment. It could well be the three scariest words in the home buying process. If you feel like you will never be able to buy a home because saving up the money for the down payment stumps you at every turn, you should know that you have options. With certain kinds of loans, money in savings and a few down payment alternatives, you might be closer to buying a home than you think.
So you’re enjoying life, working a job that gets you decent money, and you’re ready to move forward in life. Maybe you’re someone who takes life “one day at a time” or perhaps you just “go through the motions” of making money and paying bills in a never-ending cycle. If you’re really ready to move forward in life there’s one thing you cannot live without, a financial vision.