How Much House Can You Afford?

Buying your first house can be an exciting time. It can also be a nightmare trying to get the right amount budgeted for it. Most people sidestep the question by simply going to a bank and asking how much they qualify to borrow.  Unfortunately this is a very common mistake.  Banks are not financial planners they are in the business of lending money, they know nothing about your lifestyle so they simply sue some basic rules to determine how much they will loan you. They do take into consideration your other obligations but they will often offer you more than you would be wise to borrow. This can lead to serious debt issues if unexpected expenses arise.

Getting the Best Deal on a New Car

ar shoppers should keep in mind that American car dealerships are like Persian bazaars, and this means that they should not be afraid to negotiate. Auto shoppers should start their purchase journey online searching for a car model that meets your needs and has a good track record. Once you’ve decided on the model you are interested in you can start looking at the dealership inventory. Using the inventory search and lookup tools, shoppers will have a solid base for negotiation.

5 Caveats When Buying Your First Home

Buying a home is probably the largest purchase of your entire lifetime and one single mistake can easily cost you tens of thousands of dollars. The word Caveat means “Let him beware” in Latin and it is important to remember these Caveats when buying your first home.

If you are in the market for your first home, you’re probably excited about the prospect of no long living with relatives or no longer making your landlord rich by paying his mortage. However, there are many other issues that you should consider when selecting a property. For instance, you want to make sure that the house is in a nice area close to things that you like or need. What else should you be looking out for?

4 Tips For Saving Enough For A New Family Car

Saving for a new car can be difficult, but it’s important to keep the benefits of saving in mind. According to Forbes, it’s easier to save if you keep the “future you” in mind while cutting corners now to save for the future. You’ll thank yourself after you’ve saved a chunk of money for the down payment for your new car because it will make your monthly payments much more affordable than if you had no down payment at all. Having a smaller monthly payment will ease your finances and help you save interest on the loan so it’s a win-win. The more you save the better off you’ll be. Even better is to drive a clunker until you can afford to pay for your entire car it avoids paying interest and actually has your bank paying you interest (as small as it may be) while you are saving.