I came across a few architects that specialize in straw bale construction and was surprised by the beauty of the architecture. Straw bale construction…
I love the apartment that I currently live in; it’s spacious, fairly new, and I don’t have to pay for the repairs myself. However,…
Yet, there’s a free tool available online called Planwise. It’s a free online personal finance decision tool that allows you to input your expenses and income and set goals for yourself, such as pay down debt, buy a house, or take on a major expense. It also predicts your progress on paying off debt and potential affect of saving the remainder of your income through bar and line graphs.
If you have decided to take the plunge and build your dream home the first thing you need to do is work out how you’re going to pay for it. Financing a self-build isn’t as simple as applying for a regular mortgage. Unless you’re lucky enough to have the capital to be able to pay for it all outright, you will need to apply for a specialist self-build loan.
Owning a home isn’t a new idea and has historically been associated with financial stability, but with the recent recession that has spanned across multiple countries buying a home has gotten a bad rap. One reason home ownership is still a good investment is that interest rates on mortgages have hovered around the lowest historical average these past few years.
The more things change, the more they stay the same. We’ve all heard that one before, and strange enough it’s often true. As things in my life shift, making it difficult to figure out where I’ll grow roots for many decades to come, I keep one goal in mind: to own a home of my own.