Cash The Checks Personal Finance Blog

homeowners-insurance-savings

Homeowners insurance is something that everyone needs when they own a home. The reason has less to do with your own preferences and more to do with the bank’s requirements, but that doesn’t mean it’s any less important. Like other types of insurance, homeowner’s insurance varies widely from one provider to another, so it’s important to get the best rates possible on your policy.

Oct 10 2014 Other No comments

Before you break ground building an addition, it’s important to understand your goal for using the space, how you want it laid out and what your budget is. To set your budget, you may be able to obtain financing for your home addition through the equity in your home.

live-without-a-vehicle

If you’ve always had access to a car, ditching your wheels may seem like a scary endeavor. But if you’re lucky enough to live in a city or an area with good public transportation, it’s entirely possibly to get rid of your car and still get by quite comfortably.

Living the car-free life will save you money on gas, repair bills, car payments and car insurance. If the savings sound appealing, read the following 5 tips for living without a vehicle.

lending-money-to-family

While lending money to friends and family is generally considered a bad idea, sometimes you have to make a small loan to help those you love get by. If you have the means, helping can be done if you’re smart about your personal lending practices. The last thing you’d want is to lose a friend or start a family feud over money.

To avoid any problems, employ the following 9 tips when lending money to friends and family.

adjustable-rate-mortgages

10 years ago, adjustable rate mortgages were all the rage. Both loan officers and real estate agents would convince naive home buyers that ARM loans were not only affordable but their only option if they wanted to own a home.

Their reasoning was that home values would increase, the home would build equity and new homeowners would then be able to refinance their loans before the rate would adjust in 5 years.

But home values didn’t increase and thus homeowners were left with an underwater mortgage they were not able to refinance. When their payments went up, they couldn’t afford the loans they agreed to pay and countless homes went into foreclosure.

tips-for-a-successful-garage-sale

Garage sales are a great way to clear out clutter and make a little extra money during the process. For shoppers, finding great bargains and haggling can make for an exciting weekend morning.

Garage sales held in the spring and summer months tend to do very well and with all of the free advertising options available, it’s easier than ever to have a successful garage sale. However, getting customers to your sale is only half the battle, you’ll also need to know how to price your items.

Aug 27 2014 Spending 1 comment

back-to-school-shopping-savings

For most parents, back to school time is a wonderful time of year. The kids are out of the house learning and you’ve got some more time to get things done.

However, along with the freedom that comes from sending the kids back into the classrooms comes the burden of purchasing school supplies and back to school clothes. Kids tend to grow a lot over the summer and everyone likes to start the school year with new clothes which makes back to school expensive.

types-of-insurance-you-dont-need

You know it’s important to have a big emergency fund, but with all of the different insurance policies available, you may not know why you need it. While it’s always nice to have cash on hand if you’re faced with a crisis, having an emergency fund can actually give you the freedom to cancel some insurance policies and add the monthly premium to your emergency fund.