Certain purchases represent huge milestones that make you truly feel like you’ve earned the title of Adult. But these transactions can also be confusing and stressful. Sometimes not knowing where to start can hold you back from realizing your dreams. Drop that reluctance and allow our experts to empower you!
Unless you live in a city with excellent public transportation, a car is a must-have item, not a luxury. But should you get a used car? (The answer to that is always yes!) Is leasing or purchasing a smarter option? Should you really believe those car commercials that say you don’t need good credit?
Before you commit to a monthly payment or pay a lump sum of your hard-earned cash, learn when to walk away and when to confidently sign on the dotted line.
A home represents the major purchase you’ll make during your lifetime, and if it doesn’t happen during your 20s, that’s okay. But how can you know if it’s the right time to buy a house or if you should continue to rent? If you’re ready for an upgrade, how can you tell whether it’s a good time to sell a house?
Finding a home you’d love to live in is easy. Finding one you can afford is not. That’s why you also need to have some perspective on the kinds of home repairs you’re comfortable making and which ones you should just walk away from when house shopping.
If you’re particularly handy, you could actually purchase a home with the intention of flipping it, a.k.a. renovating it and reselling it for a tidy return on investment.