Deb Evans ABR,CSG - ERA Key Realty Services



Posted by Deb Evans ABR,CSG on 8/13/2019

The age-old problem of trying to stretch your household budget is a challenge nearly everyone grapples with at one time or another. If you're confounded by the fact that your paycheck(s) seem to disappear within days of depositing them, it may be time to examine your spending habits.

Creating a written budget is often an eye-opening experience, especially if you haven't taken the time to do that recently -- or ever! Itemizing all your monthly and periodic expenses can not only help you realize where the money's going, but it can also give you a greater feeling of control over your life. As an added bonus, reviewing your household budget a couple times a year will also increase your awareness of your debts, your income, and your spending habits. Once you know how tight your budget is and whether you need to reduce expenses or increase income, you'll be in a stronger position to effectively manage your family's finances.

  • Creating a budget: Whether you prefer to use spreadsheets, software, or just a simple income-versus-expenses chart, setting up a budget will help put you in the driver's seat of your cash flow situation. While there are many distinctions between running a business and managing a household, there are probably more similarities than differences!
  • Identifying "money leaks": If your family's budget seems tighter than you'd like it to be, one possible reason is that you're spending more than you need to on some expenses. The perfect examples are homeowners' and automobile insurance. You've probably seen and heard countless ads for well-known insurance companies that say they can save you hundreds of dollars a year on your insurance policies. If you've been dismissing those claims as mere hype, consider the possibility that you may actually be paying more on your insurance premiums than necessary. It may be worth your while to have your insurance agent review your policy with you to make sure you're getting all the coverage you need and the discounts to which your entitled. The best way to remove any doubt is to get two or three quotes from other reputable insurance companies. You can often do this through email or online, so you shouldn't have to go to time-consuming office appointments just to get a few insurance quotes. To compare "apples to apples," make sure to use identical coverage amounts and deductibles for each estimate your seeking; hopefully the agents you deal with will remind you of that. It's also possible to save hundreds more dollars a year by contacting your cable TV company, Internet service provider, and cell phone service (It might be one company) to discuss ways your bill can be lowered. The first step would be to examine your latest invoice and determine whether you're paying for services you don't use or need. If you see charges that are excessive or confusing, don't hesitant to get on the phone and have those issues clarified. If inconsistent utility bills are a problem, then switching over to a monthly budget plan will make your expenses more predictable and manageable.
While there are many strategies for reducing your expenses and regaining control of your household budget, information and a healthy sense of skepticism can often be your most valuable resources.





Posted by Deb Evans ABR,CSG on 1/17/2017

Trying to successfully manage the many demands of a growing family, a high maintenance home, and a stressful career is no easy task, but most of us seem to get the hang of it after a while! With so many priorities to handle, though, things don't always work out as planned. Fortunately, there are measures you can take to help smooth out the rough spots and avoid some of the pitfalls of modern life. Here are a few miscellaneous ideas to help you accomplish that.

  1. Be security conscious. Even if you live in what you consider to be a safe neighborhood, all it takes is one incident to rob you of your sense of security -- not to mention any valuables that might be lying around. While there are a handful of small, close-knit communities out there where folks feel comfortable leaving their doors unlocked, it's still better to exercise a little caution. Unless you can depend on your neighbors to keep a close eye on your house when you're not at home, locking doors and windows before you leave is a smart safety practice.
  2. Get at least three estimates. Whether you're planning on remodeling your kitchen, repaving your driveway, or having the exterior of your house painted, you can often save thousands of dollars by getting and comparing three written quotes. When you talk to contractors and other service providers, you'll also get a sense of how easy or difficult they are to work with. If they're impatient with your questions or slow to respond to emails and phone messages, then you're probably seeing a preview of what they'd be like on the job.
  3. Get a dehumidifier for your basement. If your basement is dry and you don't have any drainage issues outside your house, then this suggestion may not apply to you. However, if your basement humidity level is approaching 60%, a dehumidifier may be necessary to help prevent mold growth, indoor air quality problems, and other issues. (Monitoring tip: Inexpensive humidity gauges are available at hardware stores and online.) Preventing mold growth before it takes hold can potentially save you thousands of dollars in mold remediation costs. If your basement is wet, musty smelling, or has visible signs of mold or mildew, consulting with a certified mold assessor or a basement waterproofing company can help you identify the extent of the problem, as well as what to do about it.
  4. Research dog breeds before choosing a family pet. All dog breeds have different characteristics, personality traits, exercise needs, and training requirements. Unfortunately, some families choose a puppy based on how cute it is, rather than how well it will fit into their lifestyle. Dogs generally need a lot of attention, especially when they're being housebroken and acclimated to daily routines. To help ensure a successful relationship with your new dog, it's important that every member of the family understand the responsibility that comes with pet ownership: It's a labor of love and a long-term commitment.
Whether you're a first-time home buyer or a seasoned property owner, there's always something new learn. Stay tuned to this blog for more homeowner tips, helpful reminders, and money saving strategies!







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