Not a good time to move?
Money magazine’s November '08 issue is, not surprisingly, full of money tips. One advice-packed article is “23 Money Skills for a Richer Life.” The section promises and delivers “crucial money-related know-how that’ll keep paying off long after the crisis has passed.” Hmmm, I wish they’d give a date on when this crisis will pass.
Among the tips were these two house-related articles: “How to Get More Space Without Moving” (sorry, no links yet; see page 124 of the hard-copy mag) full of décor tips, and “How to Figure Out If a Home Renovation Will Pay” (page 131). If you want to recoup at least 75% of your renovation costs when you sell (three years from now they caution), first take the following quiz: “Do buyers really want what you’re planning?”; “Is your upgrade in line with comparable houses in the area?”; “Which way is the neighborhood trending?”; “How much do you plan to spend?” and “How is your ‘hood weathering the downturn?” The experts’ dissection of the answers help point Survivors in the right direction.
Do you really need a house?
There are so many ways that question could be answered, but if you answered it in the most direct way: “Yes, I really need a house” check out this item on a free house. All you need is a way to transport a mighty brick house, all by yourself. Good luck.
When is half a house better than none?
Probably never (see photo above), but if you ever wondered how you could afford a place to live after a costly divorce, read about this Cambodian couple’s solution.
Laughing's better than crying
"They found that Americans actually eat more during bad economic times, that people become fatter during bad financial periods. Isn't that amazing? This is the only country in the world, when the economy goes south, not only don't you lose your a**, it gets bigger." --Jay Leno
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