Yes, I am sure you all know how much your cable bill will be each month, or your cell phone......but, do you really know how much "life" costs?
For example, my husband and I are currently in the process of purchasing a home (however, there are NO homes we like in the area).....so, I sat down one afternoon and figured out how much it would cost to replace nearly everything in the home. Planning for every contingency.
I am sure I forgot a few items (and you you know some, let me know!), but I feel much more prepared knowing the I need to be able to afford an extra $200 a month (plus whatever extra a mortgage would be) in order to REALLY afford a home.
Are you liking this series? What should I change? Any tips? E-mail or leave a comment. :) (firstname.lastname@example.org)