Money Talks: Reducing Housing Costs

from Money Talks · host MPB Think Radio

Housing costs may be a big portion of your budget. Our expert is going to give his opinion on ways to cut some of your expenses associated with how you live. A recent article on the website: https://www.moneycrashers.com/jobs-provide-free-housing/ has a list of ways to save money on housing costs. The suggestions range from easy to drastic. reduce water and electricity usagemake sure your home is insulated and well maintaineddo your own maintenance and repairsimprove your credit before getting a mortgageremove PMI from your mortgage paymentHouse Hack - find a way for someone else to cover your housing expenses (Here's our podcast about Airbnb http://moneytalks.mpbonline.org/episodes/5cd31f1633f6c1be55607d95 )Move to a More Affordable Housing Market Buy a multifamily property and move into one unit and rent out the others.Downsize to a Smaller HomeMove into an Attached HomeConsider RentingBuying a house to flip and living in it until you sell itfind a job that provide free housingCalls:paying off mortgage earlyADUhow much money to put into a house Hosted on Acast. See acast.com/privacy for more information.

What this episode covers

Housing costs may be a big portion of your budget. Our expert is going to give his opinion on ways to cut some of your expenses associated with how you live. A recent article on the website: https://www.moneycrashers.com/jobs-provide-free-housing/ has a list of ways to save money on housing costs. The suggestions range from easy to drastic. reduce water and electricity usagemake sure your home is insulated and well maintaineddo your own maintenance and repairsimprove your credit before getting a mortgageremove PMI from your mortgage paymentHouse Hack - find a way for someone else to cover your housing expenses (Here's our podcast about Airbnb http://moneytalks.mpbonline.org/episodes/5cd31f1633f6c1be55607d95 )Move to a More Affordable Housing Market Buy a multifamily property and move into one unit and rent out the others.Downsize to a Smaller HomeMove into an Attached HomeConsider RentingBuying a house to flip and living in it until you sell itfind a job that provide free housingCalls:paying off mortgage earlyADUhow much money to put into a house Hosted on Acast. See acast.com/privacy for more information.

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Money Talks: Reducing Housing Costs

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How long is this episode of Money Talks?

This episode is 49 minutes long.

When was this Money Talks episode published?

This episode was published on January 25, 2022.

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