I'm a renter dreaming of being an owner...mainly because in the current rental market I know people that own that are paying a lower mortgage than I am in rent!
We currently rent. We do so for many reasons :
- We have a huge amount of student loans and don't want to add on any expenses
- We do not have a huge amount in savings for a down payment and in case a major house improvement is needed
- We are unsure about our location and if we will move within the next few years
- Enjoy not having to do yardwork.
We don't like :
- noisy upstairs neighbors
- being able to do whatever we want to for painting or fixing stuff up
We enjoy our situation and would not change it currently.
I will also buy "dry clean only" items at the second hand store. Usually if it is washed on the delicate cycle in cold water and only dried a couple of minutes, then it will be alright.
Great points you have there but surely not all readers would agree to this. At the end of the day, the burden still lies on the parents whether to save on their children's college fund.
Whoaaa! I never thought that keeping a cat would be this expensive. I never had a pet in my entire existence and with this possible expense I am surely having second thoughts of even keeping one.
Just as I donate clothes that I never got around to wearing, remember that there are a lot of new clothing items with the tags still on them at thrift stores, and those are the items I am looking for. Look for sweaters in the off-season. I try to purchase Irish knit sweaters in July when they can be had for $5.00. Cashmere and Merino wool are available when the summer clothes come out. Those people that are organized enough to pack up their winter clothes in the spring and summer clothes in the fall provide the opportunities for the rest of us to pick up a few terrific items for next season. Look for things that don't go out of style and fit even if you gain or lose five pounds. I find that these nice things are available in the spring and fall around the time when the seasonal clothes are packed up, so that's when to looked for the bargains: Shorts and beachwear in October and sweaters and jackets in May and June.
As of right now I just moved into a rental but costs are flying upwards really fast here in the Northwest.....if you can get approved for a home loan it might make sense to start looking, but my girlfriend is a Realtor and says that inventory is really low right now so it really is hard to find something you want.
I own my home.
Some pros are:
-that it feels like an investment, rather than money you will never get back.
-I can have any pets I want and decorate how I see fit and answer only to myself when I inevitably ruin a carpet with spilled whatever.
-I just don't like having a landlord. I feel like they are watching me and judging how I keep house or whatever.
-certainly more private compared to renting an apartment. (renting a house is same)
Cons:
-I have to pay for every darn thing that breaks! Or figure out how to fix it myself. Ugh!
-It's a heck of a lot harder if you decide you want to leave when you own a place.
-i often miss apartment life where you don't have to groom the lawn.
- Seriously! The paying for things that breaks, should be on here twice! The roof, siding, plumbing, carpets. Bah!
We own. We consider owning the home outright to be one leg of our future retirement platform (we should have it payed off in about 20 years), and we're thrilled that we can do whatever we want to this old house.
We own our home. It was a foreclosure, and needed a LOT of work, but after four years, at least all the rooms are useable! We definitely couldn't go into it looking to have something "nice", but someday when we're ready to get a home that we actually like, at least we'll definitely make money on this home.
armour etch is great!!! i have three like new pair of glasses!!!! take q-tip and rub gently for a few minutes rinse off,scratches gone.armour etch 12 bucks at michaels.
What a treasure you found! You have included much valuable information in your post. I would just add a step at the time of scanning. When dealing with a large collection, it is important to organize and label the images. I use the same techniques whether I'm doing a book for a personal history client or scanning my own family photos:
A numbering system can be whatever you want it to be. If you are doing hundreds of photos, begin with #001, so the images stay in order in your computer. For more detailed organizing, you can break them down into subsets such as decades and expand the number, such as 40-001 for photos from the 1940s. The subsets can also refer to folders on your computer. Use a soft-lead #2 pencil to lightly enter a number on the back of each photo. That number will also be your file name for the scanned image. You can also expand the file name to include a few keywords such as a name or place.
When I'm working on a big project, I then use Photoshop to make contact prints of all the images in each folder. This provides a handy reference when planning a scrapbook or other type of book, or just for perusing your photos.
Wow, what a great article. As a recent college grad I always get incredibly nervous about interviews, even though in our senior year we were prepared well for them, however that was in a classroom setting. I know to do my homework and research the company before going to be able to answer some of the generic questions, but I like that you included some that I didn't realize may be asked. The answer you proposed for the "feared or liked" question is perfect and I'm definitely going to remember that in case I'm ever faced with that question. I think that answer alone could land someone a job!
This is a really great list! And not just for days when something horrible (like getting laid off) happens, but simply for those not-so-great days that you don't want to go to bed miserable. The ones that always work for me is doing something nice for someone else, hanging out with a friend and exercising. The last one is my favorite for boosting my mood; listening to awesome music, getting your mind off of everything, feeling good about yourself, and raising endorphins all help put me in a MUCH better mood when I'm down.
I rent.......having been a homeowner and landlord, I find that the pros of home ownership depend on your age, family size, and financial situation. At this time in my life, renting has more benefits than ownership. I do not worry about costs or regular and unexpected maintenance, nor do I need to worry about investing into a long term financial obligation with little market return forecasted in the future. The costs of ownership during this decade will bring little to no benefit due to market fluctuations, costs of materials to maintain and improve property, minimum tax benefit, and current personal downsizing of time and financial obligations. BUT, it is the time to watch for changes that could create a bonus for future ownership and benefits for future retirement. Everyone has a different situation, and I personally decide by evaluating the pros and cons on a annual basis.
I currently rent a condo but would love to own. The only benefit of renting for me is that you don't have to worry about the major maintenance/upkeep costs. The one thing I absolutely hate about renting is that you can pretty much touch your neighbors without leaving your own place.
I'm a renter dreaming of being an owner...mainly because in the current rental market I know people that own that are paying a lower mortgage than I am in rent!
We currently rent. We do so for many reasons :
- We have a huge amount of student loans and don't want to add on any expenses
- We do not have a huge amount in savings for a down payment and in case a major house improvement is needed
- We are unsure about our location and if we will move within the next few years
- Enjoy not having to do yardwork.
We don't like :
- noisy upstairs neighbors
- being able to do whatever we want to for painting or fixing stuff up
We enjoy our situation and would not change it currently.
I will also buy "dry clean only" items at the second hand store. Usually if it is washed on the delicate cycle in cold water and only dried a couple of minutes, then it will be alright.
Great points you have there but surely not all readers would agree to this. At the end of the day, the burden still lies on the parents whether to save on their children's college fund.
Whoaaa! I never thought that keeping a cat would be this expensive. I never had a pet in my entire existence and with this possible expense I am surely having second thoughts of even keeping one.
Just as I donate clothes that I never got around to wearing, remember that there are a lot of new clothing items with the tags still on them at thrift stores, and those are the items I am looking for. Look for sweaters in the off-season. I try to purchase Irish knit sweaters in July when they can be had for $5.00. Cashmere and Merino wool are available when the summer clothes come out. Those people that are organized enough to pack up their winter clothes in the spring and summer clothes in the fall provide the opportunities for the rest of us to pick up a few terrific items for next season. Look for things that don't go out of style and fit even if you gain or lose five pounds. I find that these nice things are available in the spring and fall around the time when the seasonal clothes are packed up, so that's when to looked for the bargains: Shorts and beachwear in October and sweaters and jackets in May and June.
I am not yet on my way of generating passive income but I am thinking of starting one very soon. Thank you very much for helpful ideas from this post.
This post is surely a big help for me and hubby's easier decision making for our little one's big day. I am just so excited!
I have on search on how to have an extra savings this school opening. Learned a lot from reading "7 Ways to Take Advantage of Back to School Sales ".
Many thanks!
I do both. My rental income from the old city subsidizes the rent in the new city that I had to relocate to for work.
As of right now I just moved into a rental but costs are flying upwards really fast here in the Northwest.....if you can get approved for a home loan it might make sense to start looking, but my girlfriend is a Realtor and says that inventory is really low right now so it really is hard to find something you want.
Rent! City living at a cheap price until I finish graduate school...
I own my home.
Some pros are:
-that it feels like an investment, rather than money you will never get back.
-I can have any pets I want and decorate how I see fit and answer only to myself when I inevitably ruin a carpet with spilled whatever.
-I just don't like having a landlord. I feel like they are watching me and judging how I keep house or whatever.
-certainly more private compared to renting an apartment. (renting a house is same)
Cons:
-I have to pay for every darn thing that breaks! Or figure out how to fix it myself. Ugh!
-It's a heck of a lot harder if you decide you want to leave when you own a place.
-i often miss apartment life where you don't have to groom the lawn.
- Seriously! The paying for things that breaks, should be on here twice! The roof, siding, plumbing, carpets. Bah!
I rent. It's cheaper and less stressful for me to do so, .
We own. We consider owning the home outright to be one leg of our future retirement platform (we should have it payed off in about 20 years), and we're thrilled that we can do whatever we want to this old house.
That "7 Habits of the Wealthy" article seems to be a bit misleading. It just seems like a quick blurb with a link to a book.
By the way, I also "liked" the article on facebook.
We own our home. It was a foreclosure, and needed a LOT of work, but after four years, at least all the rooms are useable! We definitely couldn't go into it looking to have something "nice", but someday when we're ready to get a home that we actually like, at least we'll definitely make money on this home.
armour etch is great!!! i have three like new pair of glasses!!!! take q-tip and rub gently for a few minutes rinse off,scratches gone.armour etch 12 bucks at michaels.
What a treasure you found! You have included much valuable information in your post. I would just add a step at the time of scanning. When dealing with a large collection, it is important to organize and label the images. I use the same techniques whether I'm doing a book for a personal history client or scanning my own family photos:
A numbering system can be whatever you want it to be. If you are doing hundreds of photos, begin with #001, so the images stay in order in your computer. For more detailed organizing, you can break them down into subsets such as decades and expand the number, such as 40-001 for photos from the 1940s. The subsets can also refer to folders on your computer. Use a soft-lead #2 pencil to lightly enter a number on the back of each photo. That number will also be your file name for the scanned image. You can also expand the file name to include a few keywords such as a name or place.
When I'm working on a big project, I then use Photoshop to make contact prints of all the images in each folder. This provides a handy reference when planning a scrapbook or other type of book, or just for perusing your photos.
Wow, what a great article. As a recent college grad I always get incredibly nervous about interviews, even though in our senior year we were prepared well for them, however that was in a classroom setting. I know to do my homework and research the company before going to be able to answer some of the generic questions, but I like that you included some that I didn't realize may be asked. The answer you proposed for the "feared or liked" question is perfect and I'm definitely going to remember that in case I'm ever faced with that question. I think that answer alone could land someone a job!
This is a really great list! And not just for days when something horrible (like getting laid off) happens, but simply for those not-so-great days that you don't want to go to bed miserable. The ones that always work for me is doing something nice for someone else, hanging out with a friend and exercising. The last one is my favorite for boosting my mood; listening to awesome music, getting your mind off of everything, feeling good about yourself, and raising endorphins all help put me in a MUCH better mood when I'm down.
I rent.......having been a homeowner and landlord, I find that the pros of home ownership depend on your age, family size, and financial situation. At this time in my life, renting has more benefits than ownership. I do not worry about costs or regular and unexpected maintenance, nor do I need to worry about investing into a long term financial obligation with little market return forecasted in the future. The costs of ownership during this decade will bring little to no benefit due to market fluctuations, costs of materials to maintain and improve property, minimum tax benefit, and current personal downsizing of time and financial obligations. BUT, it is the time to watch for changes that could create a bonus for future ownership and benefits for future retirement. Everyone has a different situation, and I personally decide by evaluating the pros and cons on a annual basis.
I have wisebread liked on facebook.
I currently rent a condo but would love to own. The only benefit of renting for me is that you don't have to worry about the major maintenance/upkeep costs. The one thing I absolutely hate about renting is that you can pretty much touch your neighbors without leaving your own place.