Homeownership

July 03, 2024
Escrow Account: What It Is and Why You Need to Understand It

What are your financial health goals? For some people it’s paying off student loan debt, while for others it’s saving for their children’s futures. While financial health can look different to everyone, there’s one goal that comes up a lot in the SaverLife community: buying a home. If your financial health goal is to purchase…

June 25, 2024
The Hidden Costs of Home Buying or Renting

Weighing out the costs of renting or buying your home comes with a lot of factors. Take it from SaverLife member Tenesha. She’s interested in buying a forever home for her and her daughters but feels like there are so many additional fees and requirements, she’s not ready to commit. “It feels like I’ve got…

May 07, 2024
The Lasting Impacts of Housing on Your Financial Health

SaverLife member Shelly recognizes how closely her income and housing situation are intertwined. While Shelly works full time (and often more than one job) to keep her finances stable, her work hours and monthly income can fluctuate greatly. And this fluctuation causes a ripple effect on other aspects of her finances, often requiring her to…

April 06, 2024
Considering Solar Panels to Reduce Your Electricity Bill? Keep these Facts in Mind

When you’re budgeting, planning for expenses can be a challenge. One area where this hits most people’s budgets is electricity bills. This unpredictability, coupled with rising energy costs, can put a strain on your finances.  This may have you won...

May 28, 2024
6 Unexpected Benefits of Multigenerational Housing

Are you considering moving in with your family? Many SaverLife members have shared that they live with their grandparents, parents, children, siblings, or friends. There are many reasons why SaverLife members have created multigenerational homes, b...