Many of us would like to upgrade our home.  Whether that means moving to a nicer apartment, becoming a first-time homeowner, or adding an extra bedroom above the garage, having extra cash really helps.

But how do you get there?  Reducing your expenses and increasing your savings is a lot easier said than done.  How can you improve your financial situation without sacrificing too much of your lifestyle?

Some quick money saving tips are in order…

1.  Set a Target

It’s difficult to hit a moving target.  It’s even harder to hit an invisible one.  So start by defining your goal.  Do you want to free up $100/month so you can get into a better unit?  Save $4,000 to improve your kitchen?  Scratch together $417.50 to finally get the furnace fixed correctly?

Whatever the case is, write your goal down.  Having vague money saving ambitions is a lot less effective than having a solid number to shoot for.  In addition, if you tie your efforts to a worthy goal, you will have extra motivation to keep those dollars in your pocket. Continue reading “5 Money Saving Tips (So You Can Upgrade Your Home)” →