Financial Planning Tips for Homeowners in Brampton

SANDRA SMITH

Owning your own home is a fantastic accomplishment, but it also comes with new financial responsibilities. Let's explore some ways to stay on top of things and keep your house financially secure:

Budgeting Like a Boss:

• The Essentials First: Prioritize expenses like mortgage payments, property taxes, insurance, and utilities. Setting up automatic payments can ensure you never miss a due date.
• Maintenance Matters: Don't overlook regular maintenance and repairs. Create a "rainy day" fund to cover unexpected issues or consider a home warranty for peace of mind.
• Home Improvement Savings: Planning to upgrade your kitchen or add a deck? Start a dedicated savings account and contribute regularly. This will help you avoid relying on high-interest debt.

Read more - https://sandrasmithmover.substack.com/p/owning-your-castle-financial-planning