Build a savings account for home repairs before you even think about buying a home
and managing your home, it's important to plan ahead and build emergency savings for unplanned repairs.Read more personal finance coverageThere's something special about owning your own home. In addition to the right to paint your bedroom or living room any color you want without someone else's permission, owning your home gives you maximum control over your living space.
When you own a home, it seems like there's always some expense coming up. Whether it's a required plumbing repair or a planned room remodel, there's always a cost involved. Between the "want to" projects and the "have to" repairs, it's always a good idea to add room in your budget for unexpected costs.Denver's trendy Capitol Hill neighborhood
My condo in Denver was in an amazing location but had a small galley kitchen that you had to pass through on the way to the living room, and it didn't have in-unit laundry. My house in Portland, Oregon had an amazing master bathroom but almost no usable outside space. My current house, in California, has a backyard paradise, but the master bathroom is tiny and the garage is too tight for both of our cars.
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