How to Maximise Your Savings

Living from one paycheck to another paycheck is always frustrating, but it doesn’t have to be that way forever. The best way to break out of this pattern is to make sure that you are saving money here and there in order to build an emergency fund. Once you have options, you’ll never look back. You’ll never wonder and worry about the bills, because you know that if things really got bad, you would be able to at least take care of things until you could find a new job or otherwise correct the situation properly. Emergency fund accounts are a great way to get things paused, but not necessarily stopped completely. You’re going to have to look into long term solutions, but these accounts are a good way to get started.

Indeed, savings accounts can help you stay on track without incurring additional interest charges, or even hurt feelings. Your friends and family care about you very much, but they might begin to resent you if you continue to approach them for money. That’s something that will tend to put some distance between you and everyone else.

Thankfully, a savings account is something that’s always available to you around the clock. Even if you decide that you don’t really want to touch it, you can just let the money sit there. You might find yourself getting extra money throughout the year, from birthdays and promotions at work. Even if it doesn’t sound like much at first, it can really add up.

Maximising your savings is all about looking at those sources of free cash and pooling them together. You might want to look at your current list of expenses and see what isn’t really necessary. Even though we like to think of anything and everything as a necessity, the reality is far different. There are a lot of things that just aren’t necessities, and it definitely shows. You want to ensure that you are building your future while still getting to have fun in the present.

Everyone’s savings level will be different, but the key here is to make sure that you get started sooner than later. Don’t wait forever to get started just because you feel that you won’t be able to contribute as much as someone else. It’s all about you and what you want in life — good luck!

Selling your home: 5 top tips

If you are looking to sell your home and are not having much success, there are a number of strategies that can be followed in order to get that quick sale, without losing money in the process. Some people consider remortgages before selling and this can create problems and can become costly, especially as there are often fees involved.

Here are a number of tips you can try to help sell your home quickly and painlessly.

1.  Make sure that the asking price is the correct one

If the price is too high then people will be put off buying any house. Similarly, if the asking price is too low, they may be put off, or they may try to knock the price down further, leaving you with a far smaller amount of money than you had originally planned to receive for the property.

The price of a home needs to be set just right and this can be achieved by checking out a number of valuations from different estate agents. The correct price is normally somewhere in the middle of the valuations that you receive.

2. Don’t get involved with chains if you can help it

The longer a chain, the more likely a sale will fall through, often through no fault of your own or that of the person looking to buy your home. If you have no other option than to sell to those involved in a chain, consider renting the property out until all the relevant sales have been completed, this will give you an extra income that can be put towards items that may be needed for your new home.

Place the income that you receive into an easy access online savings account, as the interest rates can be higher than with regular savings accounts, and the money should be able to be accessed as and when it is required.

3. Attract the right buyer

People who are looking to buy their first home will have an idea of what they are looking for and simply making sure that the home is kept tidy could swing the deal for them. Try to attract a first time buyer, as if they feel that the house is the one for them, they are more likely to raid their savings accounts to be able to stump up the deposit for the property, as well as being keen to move in at the earliest opportunity.

4. Keep on top of the situation

You should make sure that the estate agents you choose to work on your behalf continue to heavily market the property, as well as replying to any correspondence from solicitors as quickly as possible to ensure that the prospective sale is pushed through. People looking to buy a property will want to view the home more than once and it is a good idea to make viewings as accessible to them as possible.

5. Keep the home in a good condition until the sale goes through

Although some people can see past a mess, or other work that needs doing in a home, it is best to make sure that the home is kept clean and that any fixtures and fittings are securely fitted. The same is true of the garden, which should be kept tidy and well maintained. Windows should be regularly cleaned and the house should always be well lit when people are viewing the property.

Following these simple tips should help with a quicker sale and if that happens then you could be moving into your new home sooner than you think.