Tuesday, March 16, 2010

A separate account

Keep 1% - 3% of your home’s value in a separate account for home repair, maintenance, and upkeep. Once you spend some, replenish.

It’s all about being financially prepared. Furnaces and hot water heaters break. Yards need to be mowed and landscaped. Windows need to be replaced. Walls need paint. The list goes on and on.

Don't let the house of your dreams become a house of horrors.
More Debt Management

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