In this article, you will find the story of three homeowners on how they manage home-related expenses. There are many aspects to consider when buying a home and managing its expenses, and the methods of managing these expenses vary based on a person’s background, organizational style, and financial needs.
E. J. Malvo, Atlanta, Georgia
E. J. Malvo is a single homeowner who pays great attention to expenses that make economic matters easier. He purchased his home in 2016 when he was 27 years old, and since then, several upgrades have been made to improve the home’s efficiency, such as renovating the kitchen and purchasing a warranty plan. For Malvo, he saved on basic maintenance costs by buying a warranty plan that allows him to pay lower fees for repair services.
Kita Bryant, Atlanta, Georgia
When Kita Bryant moved into her new home that was built in 2016, she did not expect to face any problems. However, within seven years of living in the home, she has spent over $10,000 on repairs. Bryant faces unexpected issues with the home, such as a broken electrical panel that cost her $5,000.
Alison Bagierly, Katy, Texas
When Alison Bagierly bought her home in Texas, she did not expect the rising expenses that come with hosting. Utility bills tend to be higher due to guests and her lifestyle.
Source: https://www.thebalancemoney.com/three-homeowners-on-how-they-manage-home-related-expenses-7099551
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