Money: The Rules of Engagement

Written by Telian Adlam


Continued from page 1

5 - Account for every penny. You might be sureprised to see exactly where your pennies are going, I know I was. When we spend anything less than $5, we rarely pay attention to it and think of it as trivial - that is until you realize you’ve spend $5 (or less) in 10 different places overrepparttar course of a week - that’s $50/week give or take, $200/month - that’s almost an entire car payment. One ofrepparttar 101473 best investments you can make is in some accounting software such as Microsoft Money (which I use personally) or Quicken. If you’re really tight on finances, get a ledger notebook and keep it meticulously ordered and balanced. Keeping track of your money isn’t nearly as difficult as it may seem. Setting up your software usually takes less than an hour - then atrepparttar 101474 end of each day - it takes about 15 minutes or less to update your transactions (depending onrepparttar 101475 amount of spending and deposits). Some helpful hints: - Use software whenever possible - less work and less room for errors in balancing, also, you can quickly see where most of your money goes with charts and graphs. - Update your transactions daily. If you let it go too long, you runrepparttar 101476 risk of overlooking some transactions and that’s definitely not accounting for every penny. - Save your receipts. This will come in handy when you’re updating your transactions atrepparttar 101477 end ofrepparttar 101478 day. Save all your important receipts as well - i.e. high end electronics, furniture, appliances, etc. - If you go on vacation take a small notebook with you so you can jot down how much you spend and where atrepparttar 101479 end ofrepparttar 101480 day. When you return home, spend some time updating it in your software program (or ledger). - Back up your records on a CD-R or floppy and save it in a fireproof safe. Try to back up your information at least once every other day. Remember, an ounce of prevention is worth a pound of cure.

These rules of engagement may take a bit of getting used to, but you may find yourself pleasantly surprised atrepparttar 101481 results.

Telian Adlam is the creator and manager of alternativesoho.com - a website dedicated to providing insight, inspiration, and assistance to SOHOers.


The Best Time to Inspect - Part 1

Written by Wally Conway


Continued from page 1

In most cases,repparttar seller's feel good gettingrepparttar 101472 peace of mind of knowing that no major event or expense will be uncovered byrepparttar 101473 buyer's inspector. And onrepparttar 101474 rare occasion when it is discovered byrepparttar 101475 pre-listing inspector thatrepparttar 101476 roof is completely shot or there is some other big expense or danger,repparttar 101477 sellers, while not happy to haverepparttar 101478 problem, are glad to have discovered it on their own terms. The small expense ofrepparttar 101479 inspection is always less thenrepparttar 101480 cost and aggravation of a hurried hunt to get something repaired or replaced afterrepparttar 101481 home is under contract.

Saverepparttar 101482 pain, spendrepparttar 101483 money. Get every home inspected prior to putting it onrepparttar 101484 market!

3. "The home is selling 'as is'."

This may berepparttar 101485 best reason of all to inspect at listing! Ifrepparttar 101486 home is being sold "as is", reduce your risk and liability asrepparttar 101487 seller by getting a pre-listing inspection. In order forrepparttar 101488 home to sell quickly and atrepparttar 101489 highest price, disclose every condition ofrepparttar 101490 home. The inspection gives bothrepparttar 101491 buyer andrepparttar 101492 sellerrepparttar 101493 comfort of knowing thatrepparttar 101494 home "is as it is". With a pre-listing inspection, there is a high likelihood thatrepparttar 101495 home is as represented.

Even in an "as is" contract,repparttar 101496 buyer may still have their own inspection performed. If these two inspections are similar in content, it is rarerepparttar 101497 buyer will walk or counter offer. That, in fact, isrepparttar 101498 goal ofrepparttar 101499 "as is" sale.

Another concern of sellers is that they will have to repair every item that is discovered to be discrepant onrepparttar 101500 inspection report. This is simply not true. It would be true that every discrepant item needs to be disclosed, and those disclosures may impact value and hence asking price, but nothing need necessarily be corrected.

Copyright © Florida HomePro, Inc. and Wallace J. Conway. All rights in all media reserved.

Wally Conway is President of Florida HomePro Inspections, and has recently written a book entitled "Secrets of the Happy Home Inspector", available at GoHomePro.com. As a speaker, writer, and instructor, Wally blends the right amount of up-to-date information with just the right amount of humor, insight, motivation, and real-world application. Visit WallyConway.com for more information!


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