Fete Lifestyle Magazine August 2023 - Anything Goes Issue | Page 30

Photo Credit Kinga Howard

5)Don’t’ Rule Out First-Time Homebuyer Programs

Some affordable mortgage programs have a broad definition of “first-time homebuyers”. Federal Housing Administration (FHA) loans for first-time homebuyers are available to anyone who has not owed a primary residence for three years.

6)See If Your Employer Offers A Pet Insurance Plan

I know it sounds strange, but a growing number of companies provide pet insurance as an employee benefit. This may be a more affordable option than purchasing it on your own, since employers typically get a group discount on benefits for their company/employees.

7)Use Free Money Review Tools

Some banks and credit card issuers provide free tools that let you generate reports on personal spending. Running a report once or twice a year may surface insights into your biggest spending lifestyle categories and highlight areas where you might be able to cut back. Clearly this would be a boost to your financial lifestyle.

8)Take Advantage of Workplace Wellness

Many employers have been rolling out new benefits for everything from creating a financial plan to paying down student loans. Check any offerings in your employee benefits manual or company portal.

9)Trim Your Withholdings

Getting a tax refund means you’ve let the government hold on to your money for free, some of it for more than a year. Better to withhold less, invest the extra cash that’s in your paycheck, and pay a small amount come tax-filing season. (Not giving specific tax advice, suggesting this as a consideration).

10) Online Discounts Are a Gold Mine

Have your computer search for savings to enhance your financial lifestyle. Free browser extensions such as PayPal Honey, Retail-MeNot, Deal Finder and Slick deals can find and apply coupon codes at checkout.

You will be pleased at how starting now with these above tools will really give that end-of-year holiday budget a nice boost.

As always, it’s my honor to send the Fete Lifestyle readers a few tips to enhance your financial lifestyle. Connect with me at;

[email protected] www.1stcig.com 312-952-8040/Cell * 312-836-3800/Direct Line.