You have finally had it! You’ve seen your 6 millionth infomercial with that guy in his neatly pressed, button-up white shirt. You know who I am talking about, the guy that is grinning ear to ear waving his no-money-down, rags-to-riches real estate investment course in your face. You can buy it today for only 3 "easy" payments of a $99 dollars (but only if you call now) and after all these commercials you are now thinking, "This looks like a great deal. I better get it fast before that special offer expires."
I am not saying this guy isn’t telling the truth about his story, but no matter which course you buy, there are several key things that you must avoid when engaging in any real estate transaction. Below are my 3 basic tips to avoid some of the common real estate pitfalls.
August has been so busy that I forgot to mention that I was actually asked to write a guest blog post on finances for someone else's website. Sorry, it's not Fortune or Forbes yet, but I am more than excited to know that someone likes and values my content! Special thanks to The Reading Bud!
Check it out here.
Link below for copy and paste:
Just who are you? How are YOU going to teach me about money?
Truth: I am not a millionaire.
Truth: I am not where I want to be yet in life.
Truth: I am still better off than most people reading this.
I live a frugal life. Now there is a lot of advice on the Internet about how to live a frugal life. You can watch videos that range from something as simple as turning off the lights when you leave a room, to grinding your own flour. There are forums out there where people discuss the ways they use the rainwater they collect to do everything from watering plants to flushing their toilet.
How frugal you are currently, or want to become, depends on your lifestyle. In my opinion, all it takes to be considered frugal is to actually stop and think before you purchase something. You can simply decide to turn down the heat at night and save a little on your utility bills. You can shop sales and coupon all the time.
Being frugal isn't about washing out ziplock baggies for me. It isn't about grinding your own wheat or collecting rainwater. It isn't even about that gadget you didn't buy last week. Being frugal is about thinking before you spend AND planning how to spend it. It is about conserving what you have, no matter how little. It is about saving money and managing your finances so that you have opportunities later in life.
Every household has different financial situations. That is why I provide a free budget template for you to use. We all have different goals as well.