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Home Remodeling | 5 Projects Sure To Generate A Good ROI

Posted by Jim on Sep 11th, 2012 · 2 Comments

Do it yourself home remodeling has become a popular alternative for many owners who have felt a little sting from our nation’s economic slowdown. Rather than thinking about moving into a bigger house, many homeowners are dispensing less of their income to simply remodel what they currently have. Some of those projects are true winners—automatically increasing the value of the home if the owner...
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Here are some simple guidelines that will help you build wealth:

1) Do the math. Get a budget and calculate your net worth

2) Get an emergency fund. Save at least 6 months worth of expenses

3) Limit costs. Spend no more than 30% of your income on housing

4) Max your retirement. Maximize contributions to your tax-deferred retirement accounts

5) Pay yourself first. Set aside money for yourself before you take care of your other bills

6) Set goals. Goal let you get ahead faster

7) Avoid high interest debt. Avoid credit cards, title loans and other usurious loans

8) Diversify. Diversity your assets.

Home Remodeling | 5 Projects Sure To Generate A Good ROI

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