After a few years, renting can add up to be pretty expensive. If you’ve got the money saved up for a down payment, you might be thinking about purchasing a home instead. After all, home ownership is the better option long-term, right? Well, if you’re not careful, owning a home can get expensive very quickly. Be sure you’re accounting for these extra expenses when you’re looking to buy a home. Closing Costs When you’re looking at the listing price of a home, expect to pay a few thousand dollars over the number you initially see. Even if you negotiate on the price of the home, closing costs and fees can drive the price back up. Try to budget an extra 2% to 5% of the home’s cost for closing fees.
In today’s modern world, cars can seem like a necessity, and it’s not hard to see why. Many jobs will require you to have your own form of reliable transportation, and for most people that means saving up to purchase a vehicle of their own. This could be why the auto industry is continuing to grow, with experts predicting that approximately 107 million vehicles will be manufactured worldwide in 2020. But is your car really worth owning? Cars can be incredibly expensive to maintain, lose their value quickly, contribute to climate change, and are risky to both you and others. Here are a few reasons it might be time to ditch your car for good.
So you’ve finally decided to take the plunge and start your own business. While being your own boss and running a business yourself can be an exciting prospect, it can also be a shockingly expensive one. Most people don’t have the capital laying around to invest in an expensive venture like a startup, so keeping your initial expenses to a minimum is essential. Use these tips to keep your initial start up expenses as small as possible, so you can save up enough to get started sooner.
Whether you’re opening your first ever business and are the only one in the entire company or you’re running a small business with a few dozen employees, there is one thing that you’ll need at all times: capital. The words for “silver” and “money” are the same in at least 14 different languages; and while silver is great to possess, a business of any kind needs cold, hard, cash. In fact, according to a U.S. Bank study, 82% of companies that fail do so entirely because of cash flow. Hopefully, you’re getting the hang of running your own business, are offering quality products and services, and are keeping your clients happy at all times. Unfortunately, even if you’re doing all of that, your company is still in jeopardy of being deprived of its cash.
When you own and manage your own business, your plate is pretty full with important tasks. From sending emails to talking to both potential and current clients to marketing your brand, you have a lot to do on a day-to-day basis. Fortunately, we live in a time when technology can make a lot of these tasks much easier to handle. So let’s take a look at a few ways you can use technology to manage and grow your personal business. First off, you need a great website. Having a good website can make managing your business easier because customers will be able to find what they’re looking for and people can learn more about your business without talking directly to you. Take advantage of a website creation platform for an easy way to create a well-designed site. Having a good website design is especially important with 96% of consumers saying design is the main reason they “trust” a site. From there, build your content and consider using SEO strategies to increase your chances of being shown in search engine results. With there being four billion searches on Google each and every day, it’s important to do what you can to make sure your site is seen by consumers.
On occasion, dining out is a real treat. You get to spend time with friends and family and explore new places. A waiter offers you a host of delicious food and drink options, and at the end of the night, someone else gets paid to do the dishes. Unfortunately, in our busy lives dining out can go from a rare treat to an expensive habit. Instead of enjoying a new hangout, we sometimes rely on restaurants and fast food options for their speed and convenience. A habit of eating out too often can have surprisingly negative consequences for your health, budget, and family relationships. Here are four compelling reasons to limit eating habits to mostly home cooking with occasional fun on-the-town dining splurges: