This is the best and the cheapest option for financing the finish of an apartment or house. You can use it both when buying a house on a loan (mortgage for the purchase and finishing the apartment), and when you have paid for it with money from your own pocket - then only apply for the amount needed for the finishing. However, it works best when you apply for it anyway to finance the construction ...
All the advice and tips to have a balanced personal finances go through a correct money management. To save money, it is necessary to make choices, based on lifestyle, preferences and needs. In a way it is believed that there is a standard template for most people. This generalization of a model accepted by all leads some people to seek to save money in a variety of ways, almost as an addiction, measuring only the short-term effect but not assessing the long-term impact.
In the long run not all the ways to save money are advantageous, there are even some that will cost you a lot of money, taking away all the savings effort made and still penalizing all the effort in other cost categories.
By own experience looking to save money on car maintenance does not bring positive results in the long run. The car is one of the largest consumers of financial resources, so any savings act translates into considerable gains. However, in the long run these acts could cause such a high cost that few will be prepared to bear it.
My experience boils down to saving the car, where I tried to use the service as much as possible and put it off for a few kilometers. This procedure allowed me to save a lot of money, however, the engine one day simply stopped.
I had several hundred euros with the engine repair and I still had the “pleasure” to hear from Mr. Mechanic that the result was the use of “oil” lubricants and low quality parts. Just to have an idea of the cost, I had to pay 30% of my emergency fund to support the repair. Therefore, saving money on car maintenance does not have positive results in the long run.
We always try to postpone small maintenance services in the dwelling, whether it is in the plumbing or in the equipment that is part of it. Anyone who has heating or air conditioning at home, can not forget the regular maintenance of these equipment, because only then will they be more efficient in the use of resources.
To seek to save money in its maintenance does not bring positive results in the long run, as a simple failure compromises the whole system of savings, however, even if there is no malfunction, the maintenance does not lead to the inefficiency of use of resources and thus your money to be spent more resources than needed.
Controlling Utilities Costs
In fact we control the money we spend, but we do not control whether the monthly expenditures in liters or k.watts are normal. We often discover minor breakdowns just by controlling consumption.
Again, from my experience I had an unusual gas bill because it had a leak in the gearbox. If you periodically checked, for example, weekly consumption of the meter, you would have detected an abnormal consumption and saved you have euros. A good way to prepare for possible damage to the home is to purchase a safe housing that covers electrical hazards, electronic equipment, water damage, among others.
You do not have health insurance simply because you consider this cost unnecessary. It is true that a health insurance does not have a premium accessible to all, however, there are already affordable health care insurance such as dental insurance.
However, it is equally certain and undoubtedly that when health care is needed, the cost of such care is much higher than the cost of having insurance. Fortunately, I have always considered health insurance to be an essential cost, because as far as insurance is concerned, I prefer to pay them over to take advantage of them. However, I did know the real savings of money with regular pediatric consultations shortly after the birth of my daughter.
We are regularly tempted to buy products because they are on sale. This procedure does not save money in the long run because most of the time we end up buying what we do not need or in unnecessary quantities.
When we buy something we do not need we are spending money and not saving money. My net monthly situation improved significantly as I concluded that it was not worth pursuing promotions I did not need for the normal running of my life.