Replacing our roof last year was 40.000USD, (250.000DKK). While we able to pay it off faster, it’s basically a 14 year bank loan. Not everyone, depending on country and salary, is able to get those loans at reasonable rate, but you’ll still need a new roof. That means saving like crazy and holidays get expensive pretty fast, and isn’t something you REALLY need, making it a place to save money.
Try saving to much on home maintenance and you risk damaging your property, lowering it’s value in the future. Owning a home is expensive, it’s still a sound finacial choice, depending on country and so on, but it has a running cost.
Try saving to much on home maintenance and you risk damaging your property, lowering it’s value in the future. Owning a home is expensive, it’s still a sound finacial choice, depending on country and so on, but it has a running cost.