Atlantafi.com is bringing you the latest on the coronavirus pandemic, which has the state of Georgia and the city of Atlanta under a state of emergency.
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Gov. Brian Kemp on Tuesday, Oct. 22 announced the return of Georgia taxpayer rebates, saying that “here in Georgia, we’re working to give our people relief.”
Kemp revealed that eligible Georgians will receive rebates ranging from $250 to $500, following the model of previous surplus checks issued in recent years.
Kemp Revives Tax Rebates for Georgians
“Inflation may have fallen, but high prices are still here and weighing down hardworking Georgians every time they go to the grocery store, the gas pump, and so many other places in our daily lives,” said Governor Brian Kemp. “While bad policies coming out of Washington, D.C. are still hurting America’s families, here in Georgia we’re working to give our people relief. I want to thank the General Assembly for their support of the measure we announced today, and the many actions we’ve taken before now to put more money back in the pockets of hardworking Georgians.”
The breakdown of the rebates is as follows:
- $250 for single filers
- $350 for heads of households
- $500 for married couples filing jointly
These rebates were triggered by a $10.7 billion state surplus, with an additional $5.4 billion set aside in Georgia’s rainy-day fund.
The announcement comes during a pivotal election year, as Georgia remains a key battleground. While Kemp has criticized Democrats for economic struggles, the state’s revenue has surpassed expectations, leading to these election-year rebates.
“We all know that even if inflation has ‘fallen,’ high prices haven’t,” Kemp remarked. “Families see that every day at the grocery store or the gas pump. But today’s announcement is just the beginning of our efforts to provide relief, especially for those impacted by recent hurricanes.”
How To Get The Tax Rebates
As with the prior special tax refunds, the tax rebates announced today will not be taxable income under Georgia law. No additional action is necessary from taxpayers beyond filing their individual income tax returns from the two previous taxable years (2023 and 2024 tax returns).
Details about when the rebates will be issued or how they’ll be distributed are yet to be clarified.
If you’re interested in making extra income, don’t miss How To Make Money At Home and How To Quarantine And Make Cash.
Interested in other ways to save or make money? Check out our Money Section:
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Refurbished phones may get a bad rap, but those devices can save you hundreds of dollars. You probably have heard the term “refurbished” and wondered what it means.
This article is going to tell you how you can save a lot of money by buying a refurbished phone.
When you hear the word “refurbished,” you may be turned off completely. I mean, many people have this misconception that a refurbished phone means “less than” or something that is old or malfunctioning.
What Does A Refurbished Phone Mean?
A refurbished phone means that the device has been rebuilt or fixed of its defects. Some people may believe that refurbished phones are all used or pre-owned devices. That’s not true.
Many refurbished phones are “floor models,” which means that they have been on display at retail locations.
The biggest issue with buying refurbished phones is the trust issue: Many people don’t believe that such devices are quality products.
Whether or not you can trust a refurbished device has everything to do with where you buy it and the reputation of the seller. So let’s talk about where you can buy a refurbished phone near you.
Where To Buy Refurbished Phones Near You
Here’s where you can buy refurbished phones you can trust.
Amazon
Amazon has a program called Amazon Renewed that certifies electronic devices for 90 days.
Walmart
Walmart also sells refurbished electronics, too. All of the devices include original accessories and come with a 90-day limited warranty.
Best Buy
With the help of Geek Squad, its internal technical support team, Best Buy has refurbished phones and other electronics. All of the devices are certified as well.
Here’s Why You Should Buy A Refurbished Phone
Here are three things you need to ask yourself before you buy a refurbished product:
- What is the seller’s return policy?
- Is the refurbished device certified?
- Is the device cheaper than a similar item that is brand new?
If you answer yes to all of those three questions, then a refurbished phone should make sense for you.
Looking at those sites, here are phones I found for cheap prices. We’ll start with iPhones, then go to Android phones.
Best Refurbished iPhones For Sale
iPhone 13, 128GB Unlocked
Apple 14, 128GB Unlocked
iPhone 14, 128 GB Unlocked
Final Word
Buying used phones can be quite profitable – if you trade them in or sell them. Along with the wonderful things to eat and do in Atlanta, there are also so awesome places to shop.
In addition to malls, many Atlanta boutiques and consignment shops have daily deals so that you can save money.
Atlanta’s retail scene continues to be a bright spot for the local economy — and that means more sales for everyone!
Here are more articles from AtlantaFi.com you might like:
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One way we can save money is go use coupons, which come in electronic or paper form. Coupons are still one of the best ways to save on the items you buy.
This article is going to show you some of the best coupon sites with printable voucher codes you can use before you shop.
Best Coupons: Where Can You Get Discount Codes Online?
Here are the best coupon sites you can use immediately to save on your shopping bill.- Coupons.com
- Couponmom.com
- Groupon.com
- CoolSavings.com
- DontPayFull
- Hip2Save
- LivingSocial
- Retailmenot.com
- ShopAtHome
- SlickDeals
How To Get Deep Discounts At The Store
You may be wondering how to get deep discounts on items you buy everyday. Although it takes effort, finding deals isn’t brain science. Here are three ways to do it:
1. Go to the Clearance Section
Shopping out of the season is the #1 to get items for deep discount. The retailers have a vested interest in moving old stuff to clearance so they can make shelf space for new things.
2. Comparison Shop
If you don’t think you’re getting a good deal, compare the prices between multiple stores. You can do this by going online and doing the following:
- Pulling up the sales page of each competitor website
- Subscribing to different retailers and scanning their marketing emails for deals
3. Shop At The Right Time
Can your purchase wait until sales are abundant? We’re talking about the holidays toward the end of the year or even sales that correspond with a national holiday like July Fourth or Labor Day.
Sometimes, you can score some major deals just from timing your shopping around certain holidays when retailers drop their prices.
4. Ask the Store Manager
One of the easiest ways to get a discount is to ask the store manager for a discount. They know which products aren’t doing well and they may be willing to cut a deal.
Also, the manager may be able to tip you to the date when another item is set to go on sale.
Final Words
Coupons can save you big money at the grocery store. If you don’t use them — either the digital or print kind — you’re missing out on some major savings.
You can always save money if you put in the time and effort. The discounts are out there. You just have to find them.
Some stores will have outdated items in a special part of the store. Look for the discounts to save money.
Interested in other ways to save or make money? Check out our Money Section:
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Grocery prices are sky-high right now, but you can still save on food prices if you take some key steps.
This article will show you how to trim your grocery bill to save more of what you earn.
Not everyone can buy their eggs wholesale. What can you do to keep as much as your money as possible at checkout?
You can save money on groceries if you use some of the strategies in this article.
Save On Groceries By Following This 7 Steps
Your food bill is one of the most important expenses you have. You can’t wipe it out, but you can lower it. This article is going to show you how to do that.
1. Use Coupons
The next time you see the crazy coupon lady on aisle 7, ask if she’ll teach you a thing or two. Coupons are the easiest way to save money at the grocery store.
You can clip coupons from sales flyers in the store or go online; either way you save money.
2. Use Your Grocery Store Loyalty Card
Do you use your Kroger Plus card to save? You should.
Many grocery stores have loyalty cards that take real money off your bill during checkout. Some grocers may even print a coupon along with your receipt.
3. Follow The Sales
For starters, you need to see the sales that the local stores in your area. For a city like Atlanta, here are the national chains and their sale pages:
4. Don’t Shop Hungry
One of the main ways people put things in their basket that they have no business is because they’re hungry when they shop.
Always eat a full meal before you go to the grocery store. This way, the temptation won’t be so great to buy whatever you see.
5. Choose Generic Brands
If you’re one of those people that shop only for name-brand items, that you’re going to go broke fast. The way to save is to buy generic brands.
If you like Raisin Brand cereal, you can bet that you can find a cheaper brand that has those same raisins in it. In some cases, you’ll find that generic brands are cheaper.
6. Buy In Bulk
Believe it or not if you buy in bulk, you’ll get a better price than if you bought food wrapped individually.
That means places like Sam’s and Costco will get your grocery dollars, but it’ll be worth it.
Some area stores that allow you to buy in bulk include:
7. Use Cashback Apps
You’ll be surprised how much money you can put back into your wallet by downloading some cashback apps. Here are the best ones:
Last Words
The price of a gallon of milk, bacon and other food staples is skyrocketing right now. You need to save money on your groceries.
The key to it all is that you want to find what’s on sale. The way you do that is you look for items on the end of the display cases and the bigger signs in the store. That’s what’s on sale!
You can save even more if you’re an Amazon Prime member. Here’s what to know.
Metro Atlanta has a hot economy and that means employers are hiring at a rapid pace. We currently have job articles that show you high-paying jobs, those close to downtown and even side hustles you might like.If you’re looking to get hired in Atlanta right now, there’s a very real possibility that you can land your dream job.Up Next: How To Shop At Your Local Farmers Market
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It’s entirely possible that the state of Georgia owes you some money.
Unclaimed money from the state is one of the largest areas that people forget to check when they are in need. The fact is that state treasuries have millions of dollars in unclaimed money and people are unaware.
What Types Of Unclaimed Money Could Be Out There?
If you’re curious about what types of unclaimed money could be out there, here are some categories you need to know about.
- Missing Tax Refunds
- Old Checks From Defunct Businesses
- Old Accounts From Shuttered Banks And Other Financial Entities
- Retirement Accounts From Former Employers
How Do I Find Out If I Have Unclaimed Money In Georgia?
An unclaimed money search is something that you have to figure out. There’s no central federal government agency that keeps track of the unclaimed money it has for you or funds that you may be owed.
There are however some websites that allow you to check to see if you have unclaimed money.
The National Association of Unclaimed Property Administrators (NAUPA) facilitates Unclaimed.org, a multistate database for unclaimed money. Here’s the link for Georgia.
- Start your search for unclaimed money with your state’s unclaimed property office.
- Use the missingmoney.com is another site that has a multistate database that lets you do a free search for your name for bank accounts, safe deposit box contents, uncashed checks, insurance policies, CDs, trust funds, utility deposits, stocks and bonds, wages and escrow accounts in Georgia or any state you’ve moved from. (You do have to register).
Another way to get money is by means of an unclaimed check. Let’s talk about that.
What Is An Unclaimed Check?
An unclaimed check can take many forms, but it may most likely be an uncashed payroll check. Think back to all the jobs you formerly had. They may have some unclaimed money for you!
Make sure you check your old employers as well as your maiden name to see if any residual checks are there for you.
Check Your Old Pensions
If you’ve worked a job in the past, you may have some unclaimed money out there in the form of a pension.
The Pension Benefit Guaranty Corp. keeps a database on all unclaimed pensions across the United States.
Go to the PBGC’s website to see if you have an old pension with money in it.
Beware Of Scams
The most important thing about unclaimed money is that crooks are trying to get ahold of it just like you.
There are a lot of sites out there that will ask you to pay a fee to do an unclaimed money search, but that’s a racket. Don’t pay anyone to search for your money. Do it at the sites above FOR FREE.
Final Words
Believe it or not, there are a lot of ways you can come into a windfall of money. One of the easiest ways is to see if the state of Georgia owes you money.
Getting your unclaimed money is a great way to generate much-needed capital in these days and times. The key is that you have to be persistent and leave no rock unturned, as they say.
Don’t let the red tape of the system intimidate you from getting what’s rightfully yours: Your hard-earned money.
Aside from cash, you may have some land you don’t know about. See how to get your unclaimed property.
Got an event or know of something opening in and around Atlanta? Holla: CJ@AtlantaFi.com. See what’s poppin’ in the ATL! Subscribe to our news alerts here, follow us on Twitter and like us on Facebook.
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Fixing up your lace front wigs makes it easy for you to express your unique style no matter the season,
If we’re being honest, the issue is that a lot of women don’t know how to properly wear a wig, believe it or not.
This article is going to thoroughly cover how to wear a lace front wig. The ease of putting on one and taking it off makes it an appealing fashion accessory for all times of the year.
For Beginners: How To Wear A Lace Front Wig The Right Way
If you’ve never worn a lace front wig or if this is your first time, consider this a helpful resource to introduce you by walking you through all the steps.
No doubt, you’ve seen those celebrities that hurry up and don a lace front wig just to look cute on Instagram or whatever. Some of the biggest celebrities have some lace front fails as a result.
Doja Cat: Lace Front Fail Exhibit A
Photo credit: Youtube Feby Torres of Basketball Wives LA: Lace Front Fail Exhibit B
Photo Credit: Youtube The issue is that they haven’t taken the time to fit the lace front properly on their head. Let’s go over a step-by-step process on making sure you wear your lace front the right way. But first….
1. What Is A Lace Front Wig?
If you’re a beginner, take heart: You’re going to learn all there is about how to wear a lace front wig by reading this.
First off, you may be wondering what is a lace wig. A lace front wig is a hair piece that has a “lace” or see-through mesh attached to the wig. The “lace front” lines the front (and sometimes back) of the wig, creating a hairline.
Lace front wigs are extremely popular because they create hairlines that look realistic and are easy to style.
A lace front wig is made up of three parts:
- The wig cap: Protective covering worn underneath
- The lace: The sheer mesh trim around the wig
- The wig itself: The Hair
Make sure you’re OK with the wig’s hair density
You want to determine if you want thick hair or thin hair as well as the style you want.
Each lace front wig has a cap on the inside, which protects your head. Many full lace wigs have hooks to tighten them.
Many of them also have combs on three sides of your head.
2. Cut The Lace Off The Front Of The Wig
Grab some clippers for this part.
What you’ll want to do is trim some of the lace front back to adjust to where your natural hairline should be.
As you trim the hairline, make sure you don’t cut too close to the actual wig. You don’t want to cut any hair strands because this could cause shedding.
Lace front wigs never come with perfectly symmetric hairlines because that’s not how natural hairlines are.
3. Pin Your Hair Up and Put The Stocking Cap On Your Head
Now it’s time to pin your real hair up so that it’s as compact as possible. The reason is so that the stocking cap can fit without any high points or bumps.
Stocking caps will come usually in shades of brown or a black one. It’s always good to use a stocking cap that is as close to your complexion as you can get it.
4. Put The Lace Front On Your Head
Once your wig cap is secured, it’s time to put the lace front on your head. It’s more to it than just plopping in onto your head.
Here’s what you should do:
- Tighten the straps in the back
- Use the combs to maneuver the wig in position
- Use both hands to gently push the wig in a comfortable position on your head
5. Experiment With Different Styles
Because every person’s head and face is shaped a bit differently, you’ll want to play around with your lace front to see which styles match you best. Here are some ways to wear your lace front:
- Wrap your hair up in the back to accent your cheeks.
- Pull your hair behind your ears to accentuate your jawline.
- Straighten your hair and wear it long.
Which ever style you choose, be confident in your look and don’t be afraid to switch it up as many times as you like throughout the week or month.
Final Thought
Wearing a lace front wig shouldn’t be a chore or feel like a burden. Have fun with your hair. Rejoice in your looks you can pull off.
A lace front wig is one of the most convenient ways to explore your personal fashion.
Up Next: Where To Buy Lace Front Wigs Online & Locally
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Are you in the market for a new laptop? If so, you should know that now’s a great time to go shopping for electronics.
But don’t just pull out your wallet and splurge on the latest device: There are some things you need to consider. You should know a thing or two or three about the specific laptops you’re looking at.
How Long Do Laptops Last?
Laptops are not built to last forever. Expect yours to work at an optimum level between three to five years. After that, you’re likely to see some functionality fade as its memory starts to get used up.
Another issue is compatibility. Manufacturers eventually make older model laptops obsolete due to updates and other tech advancements in the operating systems, which we’ll touch on a bit later.What To Look For In A Laptop
In this article, we’ll go over some laptop specifications that you need to be familiar with when shopping for one.
The first thing that you should want to nail down are the features that the laptop has. Some of the things to look for are:
Best Features To Consider
- Ports: How many ports does it have? You’ll need to know this when you consider the many accessories you’ll need.
- Does it come with Microsoft 365 and Office.
- Does it come with an adaptor? Make sure it does.
- Mouse: Is the mouse one that you can scroll freely with? How’s the navigation?
Exterior
The laptop’s exterior is another aspect that you’ll need to study thoroughly. Laptops typically come in “clamshell” exteriors or the 2-in-1 variety, which includes the portable nature laptops and tablets.
The 2-in-1 models typically give you more ports than the clamshell options, which is very important when it comes to connectivity.
Know Your Operating System
The operating system is the engine of your laptop. When you buy a computer, the operating system, known as the “OS’ will determine everything from your speed, display to software and hardware compatibility and memory.
Screen Size
Laptop screen sizes come in different sizes, typically up to 19 inches. Depending on how you’ll use your laptop (gaming, photo editing, etc.), you may need a large or small size.
When choosing a screen size, be mindful that the larger you go, the most limited your packaging options will be. The device will also be heavier as you add more size.
Memory
The more random-access memory (RAM) you have, the more processing power and speed you’ll typically have. This is very important if you plan to run several programs at once.
You’ll see some good deals with 4 to 8 gigabytes (GB), but you’ll want to keep in mind that those with 64GB and higher will typically handle most of anything you throw at them.
Battery Life
One of the most important factors in a good laptop is the battery life. You can typically guage the battery life of any laptop by going into its settings.
To make sure of your battery power, run a diagnostic test to see how old your battery is and how many hours it has become it needs to be recharged.
Final Word
There you have it: Everything you need to choose a laptop that you can live (and work) with.
Need Gadgets? Scan Our Electronics Page
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If you think making money is difficult, wait until you try to save money. The key is to have a strategy in place. By taking a few steps, you can save up to $300 a month.
How To Save Money Fast — Up To $300 A Month
This article is going to show you how to immediately save money so that you can start building up your savings.
- Automate Your Savings
- Cut Out Your Coffee
- Downgrade Your Cell Phone Plan
- Eat Leftovers
- Cancel Unwanted Subscriptions
- Cancel Your Gym Membership
The way you can use this list is to look at your own circumstances to see where you can cut. Make it practical: Going to the extreme will only result in temporary savings.
1. Automate Your Savings
Building a savings account is one thing; consistently contributing to it is another. The simplest method is to utilize direct deposit, offered by most banks and credit unions, to split your paycheck. The idea is to put a portion of your earnings directly into your savings account while the rest goes into your checking account. This way, you can easily designate a specific amount (you decide how much!) to be saved automatically.
Begin by determining the percentage of your paycheck you wish to save. Next, set up automatic transfers. If your employer doesn’t offer direct deposit to multiple accounts, or if you’re self-employed, you can arrange your own automatic transfers from your checking to your savings account. This method ensures your savings grow consistently, earning interest in a secure location, and minimizes the temptation to spend impulsively.
2. Cut Out That Starbucks Coffee
If you’re paying $5 a day for Starbucks Coffee, you’re forking over $25 a week and $100 a month.As an alternative, brew your own coffee at home and save that $100 for a rainy day.Monthly savings: $1003. Downgrade Your Cell Phone Data Plan
Let’s face it, you’ve got Wi-Fi at home as well as in the office. In fact, the average cell phone user only uses 1.6 gigabytes a month, by some estimates.So you likely could cut your phone’s data plan to bare bones without much impact.If you’re paying for gobs of data with AT&T or Verizon, you monthly bill is likely $75-$100.Why not check out one of those pre-paid economy plans that give you unlimited data for $45.Two plans that come to mind are Simple Mobile (runs on T-Mobile’s network) and Straight Talk.Monthly phone bill savings: $35-$50.4. Eat Leftovers
Most U.S. consumers spend $10 a day on food, which is generous for three meals a day — but what if you could cut that in half?Designate two days a week that you will eat leftovers either for lunch or dinner.Instead of paying $50 a day for food, save $25 of that amount.Monthly savings: $1005. Cancel Redundant Subscriptions
If you can watch and listen to music for free on YouTube and watch free movies on Tubi, you may be able to cut down on a host of subscriptions.Many people today have a combination of streaming services, which may equal or exceed what they were paying for cable TV.If you’re paying for them, here are several you should consider cutting:- Pandora Premium – $9.99
- Spotify: $9.99
- Apple Music — $9.99
Movie & TV Streaming
- Netflix: $12.99
- Disney Plus: $6.99
- HBO Now: $14.99
Monthly savings: $60
Here’s a streaming hack that lets you watch for FREE!
6. Cancel That Gym Membership
Even if the COVID pandemic wasn’t going on, you shouldn’t be spending money every month to work out in a gym.
You can save more than $360 a year by eliminating your monthly gym dues. As an alternative, look into creating your own home gym for under $60.
Last Word
It may take some effort and self-evaluation but you can keep more of your money if you devote a little bit of time to evaluating where your money is going every month.
As you can see, you can save quite a bit of money really fast if you try some of the things we’ve mentioned. Here’s the truth…
You Can Save $300 A Month
The savings strategies that we’ve outlined are something that you can put into practice right now. This can be $300 in savings each month. That’s $3,600 a year.
You may have some other ways you’d like to save. Let’s hear from YOU!Interested in other ways to save or make money? Check out our Money Page:
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One ways to keep track of your finances is to save money on regular expenses. If you could lower your car payments, it can make a big difference.
This article will show you several ways to get cheap auto insurance. We’ve done the research for you so all you have to do is get ready to save money.
How You Can Lower Your Auto Insurance Payments
Car insurance companies penalize drivers under age 25 because they rely on statistics and reports that say that motorists younger than that age are responsible for the most accidents, but the truth is that they feel those drivers are more likely to be helped by their parents. That means the insurers feel confident that the high rates can be absorbed by dual income people who feel obligated to help their son or daughter with insurance costs. Wouldn’t it be great if you could just lower your insurance payments altogether? Here are some ways to do just that.
Bundle Your Auto And Home Insurance
The quickest way to drop your rate is to bundle your auto and home insurance. If you don’t have a home and live in an apartment, see if you can bundle your renter’s insurance. Insurance companies have an incentive to lower your rate if you give them more of your business.
Maintain Good Credit
One of the ways car insurance companies determine your rate is by looking at your credit score. A poor score, typically anything below 600, will have you paying more for auto insurance.
Today you can boost your credit score by paying bills and more.
Do all you can to raise your credit score. Here are some ways to do that.
Ask For Discounts
When you contact an auto insurance company, make sure you ask for discounts. If you’re a member of any organization or even your employer may qualify you for a discount on your insurance.
Get Several Insurance Quotes
Never settle for just one insurance quote when you’re shopping for a rate. Always contact several insurance companies and write down their quotes. Once you feel you’ve gotten enough insurance quotes, take a look at your list and compare prices. This way, you’re sure to choose the lowest insurance rate.
Some insurers offer discounts for things like being a member of certain organizations or having certain safety features on your car.
Boost Your Credit Score
Another way to lower your insurance is to improve your credit score.
In some states, your credit score can affect your insurance rates. Work on improving your credit to potentially lower your premiums.
Consider Usage-Based Insurance
Some insurers offer programs where your rates are based on your actual driving habits. If you’re a safe driver, this could save you money.
Last Words
In a large metropolitan city like Atlanta or a small one like Mayberry, you need car insurance. But why does it have to be so expensive? Getting a lower insurance rate is super important today because prices continue to creep upward. Remember to comparison shop so that you can make sure you’re getting the best rate.
If saving money is something you’re serious about, AtlantaFi.com has a lot of resources to help you.Read more: -
If you’ve studied the local real estate market, you know that buying a home takes a lot of preparation, fortune and money!
Some of the things you’ll want to consider will be lifestyle issues: What are the schools like in the area? How close is it from the job? All those are important questions, but one of the main ones is how much money to save for the down payment.
This article will show you some easy steps on how to save money for a home.
How To Save For A House This Year: 5 Steps That Work
Homeownership is an achievement that comes with the American Dream. The problem is that relatively few people ever realize it. But you certainly can. Here are the steps:
1. Set A Realistic Goal
The first thing you need to do is set a realistic goal for the type of home you want to afford. If you think a $900,000 mansion is within your means, then go for it. But for many people, that’s not realistic.
Do some homework on the specific neighborhoods you want to live in. Some are better than others.
You’ll only get the home that you can afford to pay for it. As for the dream homes, please stick to the rivers and the lakes that you’re used to.
2. Create A Budget
Once you’ve set a goal, it’s time to create a budget that will allow you to save up for your down payment. The way to do that is to reduce expenses.
You’ll have to look at your monthly expenses and see if you can cut things like subscriptions and gym memberships.
As you know, you’ll traditionally need 20% down payment to buy a home, but this is not always the case. Many lenders an take down payments much lower than that.
3. Get A Government Loan
The way to afford the home you want is to get a government lender to give you the money. No offense, Bank of America or Regions, but government loans are usually way more generous.
There are some great lenders that let borrowers put down way less than 20%. Here are a few:
- FHA loans
- VA loans
- USDA loans, (no down payment required)
Read our guide on how to find lost government money.
4. Get A Side Hustle
Another great way to save up for a home is to get a side job. Don’t think that you need to kill yourself to earn some extra income. All you need is something to add to the pot you already have.
Don’t know where to start? Read how you can turn hobbies into side hustles fast.
5. Save Your Big Money
Chances are you’re going to get big money at least three times in a calendar year. Save it for your down payment.
No matter if it’s your holiday bonus, tax refund or even a stimulus payment, you will have an opportunity to save big money. All you have to do is put it away.
How Much Money Should I Save A Month To Buy A House?
Because you’ll need to save money incrementally, it’s good to put together a plan to set cash aside each month. How much should you save? It depends.
If you want to buy a home that costs $250,000, you’ll need to save $250 a month for four years until you come up with 20% down payment. That’s around $50,000.
Here’s how to find out much rent you can afford in Atlanta.
How Much Money Do I Have To Make To Save For A House?
A lot of people don’t think they can save money for a house because they aren’t making big money. You may be wondering what kind of salary you need to pull to save up for a home.
The truth is that it depends on what the prices are in your local real estate market.
If you the homes in your area cost $200,000, then you’ll need to save $60,000 for a 30% down payment. If you save $20,000 a year, you can accumulate $60,000 in three short years.
I know it sounds easier than it is to do, but here are some creative ways you can save money.
Last Words
If you’re considering buying a home, there are many things to think about, including getting a home inspection if it’s not a new build.
If you’re serious about saving for a home, there’s nothing that says you have to only save 20% for your down payment. Why not aim for 30%?
The more you save, the cheaper your home will be over the length of the mortgage. If you can save money on the front end, once you get inside your new home, you’ll sleep much better.
Read more: How To Buy Land In 6 Easy Steps
Once you’ve saved a certain amount of money, it’s time to start looking at cheap homes for sale.
Interested in other ways to save or make money? Check out our Money Section: