• Budgeting Advice

    How Much Equity Do You Need To Qualify For A Reverse Mortgage?

    Whether you’re buying a home, downsizing, or just need extra cash in a hurry, the reverse mortgage is an excellent option. However, many borrowers are surprised to learn that reverse mortgage eligibility is determined by a complex calculation that includes many factors that are rarely discussed. While equity needs vary widely, some basic factors can be used to determine your eligibility. There are two main types of reverse mortgages available to low-income seniors. One is the “traditional” reverse mortgage. The lender takes out a mortgage-like loan from the government (i.e., the Federal Housing Administration) to provide the borrower with a lump-sum payment. The other is the “non-traditional” reverse mortgage. The…

  • Budgeting Advice

    Budgeting Tools for Your Life

    You’re probably familiar with the idea of budgeting. It’s a common practice for most people who want to be more in control of their money and less at the mercy of their salaries. A budget is a plan that lays out how much money you can spend each month, and it’s a great way to keep your finances on track. But budgeting tools, while helpful, can also be complicated. Budgeting is something that most of us do daily, but we don’t always do it correctly. We often over-spend, under-spend, and do not have enough money in the bank, leaving us wishing we had a better handle on our to-do list.…

  • Budgeting Advice,  Home Improvement

    5 Simple Home Maintenance Tips That Could Save Me A Huge Amount of Money

    As a homeowner, you spend a lot of time taking care of your home. You’re constantly repairing things by fixing leaky faucets, fixing broken light fixtures, replacing the toilet, or fixing a leaking roof. But do you ever stop to think about all that money you’re spending? The truth is, a ton of things you can repair on your own can save you money, both in the short term and the long term. So, today we’re going to talk about five simple but important home maintenance tasks that could save you money. Here Are Five Simple Home Maintenance Tips That Could Save Me A Huge Amount of Money Clean Air…

  • Budgeting Advice

    Should You Stop Saving for Retirement to Get Out of Debt?

    Life is tough enough without having to worry about how you’re going to get by when you get old. The average American saves less for retirement than he or she did 25 years ago. The average American saved 3.6 percent of his or her income in 1992. In 2012, the average savings rate had dropped to 1.7 percent. What’s worse, many of us aren’t even contributing to a retirement plan! According to a 2012 Merrill Lynch survey, only 37 percent of Americans have a 401(k), 403(b), or other types of retirement plan. This shows how important it is for people to save their money early and have the tools provided…

  • Budgeting Advice,  Home Improvement

    The 30/30/3 Home-Buying Rule: What Is It?

    There’s a lot of advice about buying a house, and you should be wary of those who tell you that they have the best deal for you. They may not be as knowledgeable as you think, and if they’re trying to sell you on making a decision that’s not right for you, then you should be suspicious. The first thing to do is find some reputable resources to find research on the best ways to buy a house such as the information on this website https://yoursouthtampahome.com and then listen to this article because I’m going to impart a few pieces of advice that I’ve learned along the way that may…

  • Budgeting Advice,  Fashion

    Fashion on a Budget: Top 5 Cheap Clothing Brands That Look Expensive

    Are you looking for cheap but expensive-looking clothing brands? There are a lot of cheap clothing brands in the world! But I will introduce to you the top 5 cheap clothing brands that still look expensive. Some of these you may recognize on websites like Facebook or Instagram being promoted by famous people you follow, as they are trying to bring up their engagement and follower count by promoting brands and finding the best site to buy Instagram followers so they can promote themselves more. Nowadays we are very aware of being practical in shopping, and of looking good with our fashion. We always want to buy items that look…

  • Budgeting Advice

    Importance of Saving Money

    I’m not sure if you’ve noticed, but things in life aren’t exactly cheap. Rent, food, gas, insurance, phone service, and so on. It’s easy to get so wrapped up in the day-to-day expenses that you don’t realize how much money you’re wasting on things you don’t need. It’s just human nature to want more, to buy more, but sometimes you just have to say NO. Saving money is an important part of everyone’s financial plan. It is a way to make sure that you don’t overspend or get into debt. Of course, saving can take different meanings in different contexts, that is, for individuals and businesses. For individuals, savings can…

  • Budgeting Advice

    How to Save Money on Day-to-Day Spending

    We have all heard the tips to save money on day-to-day spending: switch to generic brands, carpool, avoid fast food and takeout, coupon, etc. These are all great tips for saving small amounts of money on your regular, everyday purchases, but there are some things that you are probably spending money on that you don’t even realize. For most people, determining how much money they need is not difficult. If you know how many bills you have to pay, and if you have a handle on all the day-to-day expenses you incur, it’s easy to come up with an estimate. But, do you have a handle on all of your…

  • Budgeting Advice

    How Can You Save Money for a Holiday  

    Deciding when to start saving for the holidays is never easy. Should you start now? Should you wait until closer to Christmas? How much should you be saving each month? The answer to all of these questions depends on where you are now. If you already have cash set aside, then you can probably continue saving. If you do not have cash set aside, then you need to start saving as soon as possible. With the flurry of Thanksgiving sales starting this week, it’s the perfect time to start thinking about holiday shopping. But that can be a bit of a buzzkill, not to mention a pricey one. Unless, of…

  • Budgeting Advice,  Fashion

    Hacks to Stay Fashionable While on a Budget

    Fashion trends are rapidly changing. This means that keeping up with these trends is quite costly. We can notice that there is a clothing taste change yearly. This means that the clothes you purchased last year will be outdated next year. But you don’t have to worry about it anymore. Here, we will share some effective hacks to stay updated with the fashion trends on a budget. Remember that looking cool and stylish does not need to be expensive as long as you shop wisely. The following are our effective hacks to stay fashionable without spending a lot.   Search for Staples   The first step to becoming a certified…