Here’s how to protect your finances to have the money you need.

  • Save. Spend less than you earn and put the extra away.
  • Budget. Make a budget to have a framework for what you spend.
  • Track your spending. Every month, look at what you spend and adjust your budget if necessary.
  • Don’t spend impulsively. Only indulge in what’s important.
  • Don’t procrastinate. Pay your bills on time so debt doesn’t grow.
  • Invest. Put some money into long-term investments for college education and retirement.
  • Ditch costly bad habits. These just cheat you out of things you could enjoy in the future. What makes you happy shouldn’t wreck your finances.
  • Monitor debts. Know what you owe and pay off high interest debt, such as credit card balances.
  • Plan. The way to afford the house, car or vacation of your dreams is to plan for them, setting down dates and goals for the money you’ll need.
  • Stay healthy. Illness can be costly, but much of your well-being is in your control—protect your health with a healthy lifestyle.

If you’re ready for that home of your dreams, we’d be happy to help with the financing. We can also assist with refinancing your current home for a lower rate, or to pay for improvements. There are great financing options, so please contact us any time… Have a great day!

Related Articles

The biggest story in the financial markets and around the globe is the ongoing US/China trade negotiations. At the moment, there is no resolution and it appears there will be no resolution for at least several weeks as the US and China are not expected to talk again until the G-20 Summit…
Read More of the post Trade With China Causes Uncertainty

The Census Bureau recently reported a homeownership rate of 64.2% in the first quarter of 2019, up from the 10-year low of 63.7% in the first quarter of 2015. A recent study by LendingTree shows that 67% of homeowners surveyed aged 22 and older believe that owning a home is…
Read More of the post Americans Favor Owning

"Transitory" — defined as non-permanent or lasting a very short time — is the word Fed Chairman Jerome Powell used this week at the Fed Meeting to describe the current low inflation environment, meaning that inflation will likely pickup from this “temporary” low level. The problem? Inflation has been relatively…
Read More of the post Is Low Inflation Finally “Transitory”?

Good news is typically bad news for bonds and home loan rates. That has not been the trend of late, and certainly not this past week. Durable Goods Orders is a report which shows buying demand for products with a life cycle beyond 4 years — think cars, washing machines…
Read More of the post The US Economy Remains “Durable”