Real Estate Trends and You
Your earnings every paycheck should not only be for your living expenses today, but also for your future life. At some point, you are going to look at your life and say….something needs to change in order for me to get ahead. Your pay increases from your job will not keep up with inflation, which is the cold hard truth; check the news tonight for further confirmation. Doing better financially, year over year will come from your “money moves”, not from a job.
When moving into a new rental these days, you’ll need to pay for;
On average, a local move can range from $300 to $1,500 depending on the move's size. Long-distance moves can cost on average $2,500 to $5,000 depending on the move's size and the distance, and that is likely a conservative estimate because of the labor shortage's effect on the moving industry in the last few years. - Forbes
Think twice about your next move. Do you really need to move because that drawer in the kitchen is wonky and management hasn’t repaired it yet? Grab a screwdriver, go to YouTube and handle it. Maybe you need to spend $75 annually of your own money for a pest control treatment, use the Thumbtack App to comparison shop for a pest control company. Do you see where I’m going with this? Those little annoyances should not propel you to uproot your household financially every 12 months. AND…we didn’t even cover the stress involved with moving. Whew!
I hope that changing your perspective slightly about your largest monthly expense can start you on your way to changing some of your other “money moves” in the upcoming new year.
All the best to you,