Many people think that if you and your family decide to make green choices you will end up spending more money. And in some ways that’s true. For instance, if you insist on buying only organic produce in the grocery store and not at more affordable places such as farmer’s markets, then yes, you will spend a lot more on groceries.
Household
I recently read an article about a woman who lives in a tiny New York City apartment that is just 90 square feet. Her bed is within a few feet of her ceiling and she doesn’t have room for a kitchen. She’s in a prime location near Central Park and she says she is content with her living conditions. It allows her to spend money on other things besides a huge rent bill.
There is always a trade off, I guess. If you want to live really comfortably but still live in a prime location, you have to expect to pay a lot more. If your goals are to travel, eat out a lot, etc. then you may not be able to afford the luxury of having the best of both worlds and you may need to live in a much smaller place.
Selling your home is a big deal. You want to ensure that you get the most you can for your home. When my husband and I recently sold our home, we chose to sell using a real estate agent. However, not everyone feels it is necessary to hire an agent.
If you plan on selling your home on your own, I would recommend that you do some research before putting your house up for sale. Before we had decided firmly on hiring an agent, I was searching online to see what information was available for people wanting to sell privately. I came across a website that lists the 14 biggest mistakes that homeowners make when they try to sell their homes privately.
If you are currently renting, and you want to know if you could really afford to buy a house, one thing you can do is “play house”. In other words, pretend you already bought one and see if you can manage financially.
All you need to do is set up a separate savings account and consider it your “house account”. Every time you get paid, put money into this house account just as if you were paying for a mortgage. Be sure to also take into account the additional costs of owning a home such as property taxes, utilities, etc.