On Top of Things: Financing Roof Repairs before the Winter Months

If your roof shows signs of damage or wear, now is the time to get if fixed. Once the snow and ice build up on your roof, every thaw means running water that can creep into the tiniest cracks and gaps. The water can also re-freeze and expand, making the cracks worse. Melt water soaks into the wood and can do structural damage. This makes roof repairs even more expensive. If you haven’t been able to follow our advice and put aside an emergency fund for situations like this, here are some funding options to consider.

Home Improvements that Will Pay for Themselves Over Time

When you have extra money to put toward your home, it’s important to choose improvements that earn back your investment either immediately,  over time or when you sell your house. Below are seven simple improvements can be done in a weekend or less, and all of them put the spent cash right back into your bank account.

5 Ways to Finally Break Free of Student Loans

Student loans left over after earning the degree can amount to a lot of debt, and you may be stuck paying it off for years. When you’re trying to organize your finances and eliminate debt, focus on paying student loans first.

Don’t Panic! 3 Stressful Fiscal Issues That Shouldn’t Blow Your Budget

While many major events can result in unexpected expenses and lost wages, these issues do not have to jeopardize your financial future.  Major life events can wreak havoc on your personal finances and that is why during ordinary times you should be building yourself a safety net. This net should ideally be six months to one year of living expenses. So if you typically average $3,000 per month in expenses (this includes rent/mortgage, food, gas, utilities, entertainment, everything) then you should have an emergency fund of at least $18,000! (6 x $3,000= $18,000) and preferably $36,000. If you don’t have at least the minimum you are at risk if one of the following events hits you.

Plumbing Problems: 4 Tips for the Amateur DIY Plumber

Being a first-time homeowner can be both exciting and overwhelming. You can take pride in knowing that each payment that you make towards your home loan is helping you build equity in your home. While building equity is something to be proud of, now that you are the homeowner, gone are the days where you can call your landlord if something goes wrong with the plumbing. It’s now your responsibility to pay for the repairs that you need whenever something breaks down. A good way to save on the cost of the repairs is to learn to do it yourself. If you’re starting to notice that something isn’t right with your plumbing, here are some DIY tips:

5 Financial Tips to Keep Your Children Fed While You’re Out of Work

Losing a job is never fun. It’s bad enough job when you’re single, but it’s a lot worse when you have kids. You worry about how you’ll feed yourself and them, especially if your unemployment stretches on for months. However, you can take steps to keep your kids well-fed while you’re unemployed. Here are five […]

Saving on Home Renovations

Renovating your home is often an exciting process but also a stressful one. And one of the most important components of any renovation project is to plan your budget to ensure all the costs are covered. Anyone who has watched any HGTV knows that there are always unexpected surprises that cut into your budget so be sure to allow at least 10% to cover these unexpected expenses. Here are a few tips to help you to save smart and have enough to finish the project properly.

Teaching Children While Saving for College

Many adults, find it hard to plan for something that may not happen for another few years or decades. For a child, it may be nearly impossible to comprehend the need to worry about something that won’t occur until they are two or three times as old as they are today. However, it is critical that parents find a way to teach their children while saving for college as part of their mandate to prepare them to become independent adults. This is not simply because of the benefits of getting an education, but the process itself is actually beneficial. If you simply plunk the money down when the time comes you will actually not be doing the best thing for your child and he or she may not appreciate the gift that has been bestowed upon them and thus may actually waste much of the opportunity.