Top 5 financial tips for new Homeowners

A down payment and closing costs is not all that you will pay when buying your new home. Here is how you can manage your expenses:

So you’ve finally purchased a home! After all of the months of searching, and another few weeks poring over endless paperwork, you have been given the keys to your beautiful home. Now all you have to do is buy new appliances, get some new furniture, bedding for the guest room, hire a landscaping service…and the list goes on and on. Just when you thought you had spent all your money on your down payment, now is the time that the expenses really start to add up. After you buy a home, you suddenly realize how many things you “need” in order to make your home function. But now is the time to be careful with your spending and find a way to live within

Full article with tips found here: http://www.rew.ca/news/five-top-financial-tips-for-new-homeowners-1.2934595