8 Reasons To Buy Your Home in the Summer

Buying a home doesn’t have to be a nerve-wracking experience. Here are eight reasons why the lazy days of summer are the best time to contact your realtor Marina del Rey and kickstart the home-buying process.

1. Summer’s the best time to sell your old home.

If you’re moving from a rental property, all you have to do is navigate your lease agreement. If you own your soon-to-be-former home, however, you may need to coordinate its sale with the purchase of your new home. Summer’s the best time to do that.

2. You’ll have more properties to choose from.

Since summer is an ideal time to sell, you’ll have more options as a buyer. Year in and year out, the number of homes on the market rises along with the temperatures. This means you can be flexible and avoid having to settle for a property that offers less than what you were looking for or that isn’t right for your budget.

3. The weather is better for moving.

This is particularly important if you’re moving to or from a part of the country that experiences brutal winters. Lugging furniture and boxes through the snow is no fun. Neither is paying professional movers to endure the elements in your place.

4. Mortgage rates are usually lower.

While markets certainly fluctuate, generally speaking, mortgage rates are lower in the summer. Locking in a lower interest rate and cheaper home loan has the potential to deliver considerable savings in the long run, no matter if you’re interested in single-family homes, condos, or townhomes for sale.

5. Your kids are out of school.

Moving is a big adjustment for kids, no matter their age. You can ease the transition, especially if they’ll be changing schools, by making your move during the summer.

6. It’s a good time for DIY projects.

If you’ve got your eye on a fixer upper, summer can be the best time to buy. The weather is more cooperative for DIY projects, and it’s often easier to take time off of work as well. If your children are out of school or home from college, you can stick a rake or a screwdriver in their hands, too.

7. You can get a better feel for the neighborhood.

What do you do when the weather turns cold? You stay inside with a good book or a Netflix binge as frequently as possible. Your potential neighbors likely do too. That’s why summer presents the best time to get a real idea of what the neighborhood is like. In the warm weather, your future neighbors will be out and about, allowing you to get a feel for things such as how many kids are on your block and who needs to break out the lawnmower more often.

8. You could snag a spring price drop.

Spring is also a popular time for sellers to list their homes. Come summertime, however, if a house hasn’t sold, some sellers are motivated to lower their prices in order to get things moving and avoid spending another season with their homes on the market.

Buying a home during the summer can alleviate many of the stresses that moving brings. If you’ve been thinking about a change of address, contact your Los Angeles real estate agent today to start the search for your dream home.

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Fiscal Stability Comes Down To Spending Sensibly

A lot of people think that fiscal stability is an unattainable goal. They might think that they could only improve their financial situation if they started earning much more money. Perhaps you feel this way too. Obviously, your income plays a huge part in your financial situation, but it’s not the only thing that matters. Whether you’re on a 5-figure or 6-figure salary, everybody needs to focus on their spending if they want to manage their money effectively. That’s what truly matters. Fiscal stability comes down to spending sensibly, so let’s expand on that.

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Refer to your budget monthly.

You probably know that budgeting is a smart way to manage your money effectively. Of course, a budget isn’t something you should simply make, file away, and try to keep in mind. It should be an ever-changing thing. Keep returning to your budget to make amendments where necessary. You should track your monthly expenses so that you can continually assess your spending habits. Obviously, the primary goal is to spend less than you earn, but simply making ends meet isn’t enough if you want to save money for the future. That’s why it’s smart to reduce wasteful spending.

You could cut your energy bills by insulating your windows with thicker glazing to trap heat, for example. You could also reduce your grocery bills by searching for online coupons before you go shopping. You don’t have to make cutbacks to save money; you just have to spend your money wisely to get the things you need. Still, not all costs can be mitigated so easily. If you have outstanding debts (e.g. money you owe for student loans or your mortgage) that you’re struggling to repay, then this might be taking a big chunk out of your budget on a monthly basis. You could seek help from an attorney such as Rashad Blossom to help you with debt relief. This could help you to get your money back under control and start putting your funds towards other costs in your life.

Keep looking for new investments.

You should also keep looking for new investments if you want to start thinking about your future wealth. If you’ve improved your budget and started spending your money more sensibly, then you’ll have more money available for investments. Improving your spending doesn’t mean that you should avoid using your money; it means that you should use it well. You could look into the property market. That’s always a good investment route for beginners. Whether you buy to lease or buy to sell, you could make a lot of money in the world of real estate. Just make sure you do your research and act cautiously when investing.

Never stop saving up for tomorrow.

If you want to spend your money sensibly, then you should save it. You might find yourself focusing on your many present-day costs, but what about tomorrow? If you want to have a pleasant retirement and perhaps even help your kids with college funds or other future costs, then you should start setting aside some of your earnings. Do this on a continuous basis. You should never stop saving up for tomorrow. Fiscal stability could be achieved by simply putting aside 10% of your monthly earnings. Those monthly transfers into your savings account will quickly accumulate and turn into substantial funds for the future. You could even look into getting an IDA to match your contributions into your savings account.

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Beginners Budgeting Basics

An awful lot of us are bad with money. When we’ve got it, we spend it. We accept credit cards when they are offered, and increase our limits when we can. We put things on credit because it’s easy, and even when we can afford to buy something outright, we take the finance option so that we don’t feel the loss.

If you’ve got a significant income, this can be fine. If you’ve got enough money that you can spend without worrying, you won’t get into trouble financially. But, it’s still a mistake. You won’t ever have savings, you might eventually need credit cards for bad credit because you are out of options, and you’ll struggle to make large purchases like buying a house. Then, one day you’ll realise that you’ve got nothing out aside for your retirement, and your options decrease further.

If you live paycheck to paycheck it’s even worse. Failure to take responsibility for your money can mean that you spend much more than you can afford to. Getting into debt is all too easy, and soon your debts can start to mount, making it impossible to get out. You can quickly find that by simply being bad with money, your options are vastly reduced, your debts have skyrocketed and your financial situation is dire. This won’t just affect you now. Severe damage to your credit score can mean that your future prospects are limited, and it can seem impossible to see a way out of your mess.

Fortunately, whatever your situation currently looks like, it’s never too late to make changes. The first should be learning to budget. Here are some tips to help you get started.

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Take Responsibility and Change Your Mindset

Yes, it’s easy to get into debt. Banks, loan companies and credit card companies are always offering you credit. When you make a large purchase, the offer of credit is there. If you’ve already got loans, credit cards and overdrafts, the companies will always want to find ways to give you more. This is how they make money. As someone with debt, you’re an ideal customer, they can make more from you.

But, this isn’t an excuse. Just because it’s easy to get into debt, doesn’t mean that you have to. Stop thinking “it’s ok, I’ll put it on credit” and start asking yourself “can I afford it right now?” And sometimes more importantly “do I need it?”. If you want to be better at budgeting, you first need to take responsibility and change your attitudes towards money, sometimes going against everything that society is telling you.

Assess Your Situation

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Are you guilty of avoiding bills and statements when you know it’s not good? You’re not alone. Most of us have at some point put an unopened statement straight into the bin. It’s even easier now that so many of us have gone paperless. Deleting emails or avoiding online accounts is easy.

But, it’s not going to help. Sure, short term, looking at your bills and statements might be upsetting and cause you worry and anxiety. But, long-term, it’s the only way to help yourself to make things better. You’ll also struggle to budget without really knowing what is going on in those accounts.

Free up a morning, or an afternoon. Sit down with a cup of coffee and no distractions. Print out your most recent bank statements and bills. Look at what you’ve got and what you owe. Take your time to really look into your financial situation. This is often the most crucial step in creating a budget and getting on top of any financial problems that you might have.

Organise Your Debts

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Few of us that are in debt only have one. You might have store cards, credit cards, loans and overdrafts. These debts aren’t all equal, and sometimes, the smaller debts are actually costing you the most money, so don’t assume that these are the best.

Now that you are aware of what you owe write a list. Write down every debt, its amount, its minimum repayment and its interest rates or fees. Look at how much each debt is costing you each month, how long it will take to repay at your current levels of repayment and how much it will cost you in total over its lifetime. By now, you should be able to see which debts are costing you the most money.

If any are interest and fee free, put them at the bottom on your list, but take note of how long that interest-free period will last, so you know when you will start to pay for them.

Find Ways to Decrease Debt

Then, it’s time to find ways to decrease these debts. Balance transfers are a great idea if you are eligible for an interest-free period and you can get the card. Debt consolidation loans are another great option, as the interest rates are much lower than credit cards and all your debts can move to one place. Just remember that even if you can only transfer a small amount of your money to an interest-free account, it’s worth doing as it will save you money.

If you are moving money like this, make a note of when that interest-free period ends. Try to pay off the debt before then, and if you can’t look at moving it again.

If these aren’t options for you, look at your accounts with the lowest interest and see if you could move debt from a higher interest account. When it comes to repayments, remember, even a little bit more than the minimum will help.

Prepare a Spreadsheet

Now you are in control of your debts. You understand your money. You need to actually build your budget. Prepare a simple spreadsheet and add everything. Add your income from wages and benefits as well as any other money that regularly comes into your account. Then, add all of your outgoings. Start with things that you have to pay each month, like rent and utilities. Then, add things that you often purchase, money towards holidays and luxuries, debt repayment, savings and luxuries. The more you include and the more accurate you can be, the more helpful your budget starts to become. Once a month sit down and look at your budget and your finances, make any changes that are necessary, don’t just assume that your budget will stay the same.

Find Ways to Save

You’ve taken control of your debts, you are making repayments, and you’ve got a budget. So now you can spot ways to save more easily. Look at those outgoings on your budget for any easy ways to save. Any contracts that you could cancel or reduce. Then, spend some time checking to see if you could make savings by switching providers.

Things like meal planning, writing shopping lists, shopping sales, preparing for holidays and events in advance and using less gas and electricity at home can also be a big help.

Set Financial Goals

Setting goals is a great way to motivate yourself. If you’ve got debts, your first goals should be about paying them off. If not, start to focus on saving money. Try to have a long-term goal, like saving for a mortgage or paying off a credit card, and then break it down into monthly or weekly targets to help you to stay on track.

Be Realistic

Setting goals that you can’t manage can be demotivating. Push yourself but make sure you’re goals and realistic and you’ll have much greater success.

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Become the master of your own trading strategy

When you are running a business, it is necessary to listen to just yourself. Other people are controlling your own business and this fact will mess with your head. The basic freedom of a business is based on the chance of listening to and following your own thoughts. This is true for all people around the world. Even if your business is nothing compared to the big companies, the rules and regulations will have to be made from your own mind. Yes, we have mentioned rules and regulations in the last sentence. That is because to maintain a business properly a person will also have to be consistent. In the case of the trading business. People can be consistent with their trading strategy. In the following article, we are going to talk about that and tell you about mastering your own trading strategy.

Learn about markets properly

To create a strategy about trading, traders will have to know about it first. The market analysis comes first for making it legit. Before opening any trader, traders will have to know about proper position sizing. That is possible with the proper market analysis first. For the traders to know about that. They will have to learn about finding key swings and price trends. You can easily be done that by finding out the support and resistance points properly. That is also possible with looking at the price charts and using some horizontal lines. Then traders will have to use the Fibonacci tool as it is the most legit one to learn about the possible future condition of the market. You will not be able to be right all the time. But there is no better way than that to go for a trade.

Consider it as your business

New traders don’t want to consider this profession as their business. But all the pro traders always consider it as their day job. They have done extensive research to know who the best Forex broker in Australia is. You can’t be the best if you don’t trade with the best. Though the charges and fees might be a little bit high in the elite class broker still you will have the safety for your investment. Take this profession as your business and you will succeed in the long run.

Know about position sizing

Now that you have learned about market analysis, it is time to work for the position sizing. There is two major factor for that. One is your desired risk to profit margin. And the other is your market analysis. As you have done the market analysis, it’s time to know about setting the right kind of targets with risk to profit margins. For those who don’t know, it is a ratio which represents the risks and reward ratio from the trades. It is something like 1:2 which means you are risking 1R and desiring the profit to be 2R. R is only the unit of calculating the risks and reward for the trading business. Now that you have learned about proper target setting. It is time to work with your position sizing properly.

Include the money management

Like the proper strategies for the trading business, people will also have to work with money. No, we are not talking about the targets like in the last segment of this article. There are more things which are related to the trading business which is based on money management. We are talking about actual money management of the trading account. Even the individual risks per trades are in this management system. When traders will be able to manage their money properly with proper understanding about their trading performance, they will be able to save a lot from their business. Your investment will be safe from using it too much like bait to draw in more profit.

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How to live your life debt free

Do you spend a large amount of your time worrying about money? Are you overwhelmed by the stresses and strains of daily life? Would you do anything to enjoy a more relaxing and straightforward existence? If your answer to any of these questions is yes, you should set yourself the challenge of becoming debt free. Don’t worry; achieving this goal is much easier than you would first think! If you are wondering how to make the first move, you should simply work your way through the following four steps. They will help you to turn your life around and to take complete control of your personal finances.

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Hold yourself accountable

Firstly, you will need to get a lot better at holding yourself accountable. Whenever you are wasting money, dodging bills, or stacking up debt, there needs to be a voice in your head that speaks up. You could even place your trust in a loved one and ask them to keep you on track. Perhaps you could send them your monthly bills, or maybe they could assist you with the completion of your taxes. Whatever you decide, the most important thing is that you are unable to run away from your responsibilities. If you are going to live your life debt free, it is vital that you take a stand.

Organize your finances

The next step is organizing your finances thoroughly. Instead of wasting your time rifling through a pile of receipts or a mess of bank statements, you will need to create a system for storing your financial information. You should also get to work establishing budgets for your monthly expenses, along with your annual outgoing costs. Depending on the current state of your personal finances, this could take you quite a while. However, once you have pushed through the initial stages of managing your money, you will be well on your way to a life of order and control.

Find helpful resources

Although it is essential that you take responsibility for your finances, you need to recognize the fact that you are not alone. There are so many helpful resources for you to rely on if you are struggling to wrap your head around your money problems. For instance, if you are trying to decide between personal capital or mint, you can find out everything you need to know online.

Surround yourself with positive influences

Last but not least, you should be surrounding yourself with positive influences. If you are determined to reach your goal of a debt free life, it is a good idea to spend your time in the company of people who share your outlook. It is also a good idea to keep your distance from reckless individuals who encourage you to take chances and forget about your future goals. Choosing the right friends and family members to connect with will help you to remain focused, motivated, and enthusiastic at all times. You never know, you might even inspire those around you to follow in your footsteps.

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