5 New Year’s Resolutions for Homeowners
The New Year is finally here! The time has come for you to start thinking about the future of your home and family. You can prepare yourself for whatever the new year may bring by setting household goals. Check out these goals that every homeowner should include on their resolution list!
1. Start an Emergency Fund
Life is unpredictable and full of unexpected costs. Owning a home is no different. An emergency fund can help you meet hurdles with a plan rather than panic. Savings accounts are never too early to start, and you should aim to have six months’ worth of expenses in them. Add a portion of every paycheck to this savings account and make your emergency fund part of your household budget in 2023.
2. Get a Better Rate on Your Home Insurance
The new year is a great time to get your finances in order. That also means making sure you aren’t leaving money on the table. When choosing a policy, if it has been a while since you have compared quotes, you might find some deals. In addition to reviewing your policy, it’s wise to ensure you’re covered appropriately.
3. Reduce Your Energy Consumption
Energy bills can be super expensive depending on where you live. This year, make a goal to find small ways to reduce your energy consumption or consume smarter without sacrificing comfort. Consider installing smart energy products that work to preserve your energy and cut costs such as a smart thermostat.
4. Minimize Belongings
If you keep your home clutter-free, you will find it easier to manage. Why? You’ll have fewer things to move when you need to clean. Consider your cleaning routine – you’re more likely to wipe down counters when you don’t have to move clutter out of the way.
Psychology Today states that reducing the stuff in your house makes it more psychologically healthy, as Dr. Robert T. Muller says, “Materialism symbolizes loneliness.” Minimizing your home can free up your time and energy to spend with friends!
5. Make an Emergency Kit
Natural disasters like hurricanes, floods, wildfires, and tornadoes affect millions yearly. Prepare an emergency kit in case the day ever comes that your family needs to shelter in place or evacuate.
Your emergency kit should have enough food and water to last for at least three days. It should also include medications, chargers, emergency radios, flashlights, first-aid supplies, essential documents like IDs and house deeds.
Click here for more tips on curating your emergency kit!