Archive: February 2018

Upgrading to a Bigger Home?

Beware Of 6 Expenses That Will Increase
The bigger the house, the bigger the expenses, notes Forbes contributor Liz Frazier Peck.

Be sure to look at how your expenses will grow after upgrading to a bigger and better house. Liz Frazier Peck, in a piece for Forbes.com, writes:

The bigger the house, the bigger the expenses, in every possible way. So while banks lure you by saying you can afford a $1 million mortgage loan, remember that they want you to take as big of a loan as possible. It is up to you to consider these increased expenses when looking at how much house you can afford.

If you are prepared and save a little extra now in anticipation, you won’t get hit with sticker shock when you get your first “dream home” power bill.

Read the full article here:

https://www.forbes.com/sites/lizfrazierpeck/2018/01/30/upgrading-to-a-bigger-home-beware-of-six-expenses-that-will-increase/