Welcome to Dollar for Dollar. My name is Heather. After speaking to family and friends about their personal finances and answering their questions, I decided I wanted to help others on their journey to financial freedom. On this channel, I give my honest opinion and share my experiences and knowledge when it comes to personal finances. I have come a long way on my journey to financial independence. I have lived paycheck to paycheck, on minimum wage, and with tons of debt. Now, I only live on two-thirds of my income and the only debt I have is my home (which we are actively paying extra towards). It is possible to better your financial future, but you need to start today!
I upload content once a week and I am going to show you how to manage your money successfully. We will discuss everything from getting out of debt, to investments and passive income, and buying a home. Subscribe and join along as we make sure your money is working hard, Dollar for Dollar!
If you want to sell your home clean it up. It’s amazing the pig styes I showed to clients. Pick up the yard and cut the grass. Take the dirty dishes out of the sink and clean the toilet. It’s unbelievable what my fellow Realtors would put on the market and expect full price for.
B4 our house was appraised we manicured the yard, pressure washed the pavement, siding, roof & gutters. Curb appeal! First impressions are important. Inside was decluttered, CLEAN, all preventative maintenance was complied with. Updated fixtures, rugs ; carpets steam cleaned. When the appraiser sees attention to detail & pride of ownership it will show & up your value!
1). Curb appeal. Wear and tear. Cracks or holes. 2). Verify square footage. Room by room. Must have permits in place for renovations to have square footage. 3). Checking interior of home. No cracks in walls, condition of home in general. Fresh coat of paint helps. Light colors 4). Any improvements to home. Cost… invoices/ receipts 5). Features and Amenities. Renovations to increase value of your home: 1) Update kitchen. Minor or major 2). Bathroom. Specifically the master bathroom. 3). Flooring. If dated, replace it. 4). Curb appeal. Invest in updates outside. Flowers, trees etc. 5). Sq. Footage. Add to it. 6). Bedrooms. More bedrooms add to value. 7). Paint walls.
This video offers a comprehensive guide to increasing your home's appraisal value through strategic renovations. The host's knowledge and clear explanations of which upgrades yield the best returns make it a fantastic resource for homeowners seeking to maximize their property's worth. If you're looking to invest wisely in your home, this video is a valuable source of information.
The NASDQ itself is not an index fund. You can however purchase an index fund that is designed to invest in the same companies that are considered a part of the NASDAQ. That is what they mean when they say an “index fund” simply they are aiming to mirror the companies that are a part of a particular grouping of companies (index).
Thank you for the great information!! What should we do if we have a room with obvious stains in the carpeting? Have outdated wallpaper but with decorative wood molding on the walls? A moss-green dining room (with wood picture-frame molding)? We are happy just living with these, but they might stick out negatively to a buyer!
If you don't plan to sell soon, you can leave it. However, I would consider removing the carpet and wallpaper since it sounds like that will not appeal to most buyers. You can leave the molding, but just consider fresh paint.
Question: I have a split bathroom on the main floor, meaning, there’s a shower and thru another door connected is a toilet and pedestal powder room. There’s no bedroom on the main floor, but there’s a full bathroom. So, what I want to know, we have a small pantry behind the wall with the shower. Would it be real estate suicide to get rid of the shower and make it a bigger pantry? There’s just no reason for the shower side, I use it as a craft closet😂 What do you think?
It’s crazy 35% most people bring in only 8,000 gross a month which means 2,800 of that on home but let’s now talk about NET income cause after income taxes and health insurance and RETIREMENT your NET income is usually only about 5,500 dollars meaning you have 2500 left to spend on the 100 other expenses in your life insurance cell phone car payment utilities trips food which is now crazy prices some people spend 700 a month on food now life is unlivable for 70% of Americans - if you don’t bring in 8k a month gross I don’t know how you can survive I know some people are forced to go on welfare etc or live in drug neighborhoods sad
Awesome video! Super helpful! Some questions: What about pouring concrete underneath your deck and screening the underneath so you have 2 livable spaces. In the same footprint of the deck? Also if I built a deck and got it permitted, since it would be registered with county do I get taxed more for this? If that is the case then is that really a good ROI over time since you are now perpetually paying taxes for it now?
You can expect a deck to increase your home value and in many cases sliglthy increase your property taxes. However, I think the change will be nominal especially, if you are talking about a home that you have homesteaded. There is a cap on how much your home can increase in taxes regardless of the improvements. If you have a screened in porch/outdoor area that can certainly add value too.
Can you make a video where you go in depth on how to choose a “good” growth mutual fund? When we log into our investment account like a 401k roth, why am I automatically put into a target date fund? How can I change it to growth mutual funds ? What do I look for when choosing “good” vs average or bad mutual funds? Thank you.
Let's be honest a 250,000 house here in Maryland will only get you a town house a old one at that. That's not the home for me I want a single family home and they are going for 400,000 and up
Not sure where you got the $250k figure, but of course cost of living varies greatly across the world. Hopefully folks save for that down payment and have desirable skills that leave them well compensated to have their ideal home.
@@DollarforDollar the idea home I want is well over 400,000 some 500,000 my yearly salary is 61,000 , with over time I'm well over 6 figured and it's always and have forever been over time. But even with that doesn't seem like it's enough
I just got this app and cannot add or delete any categories. If I click on for example transportation. It does nothing. Now at to add my own categories also
My heels are on polishing up baby step 3. I'm on the part of baby step 3 where I am Almost a year ahead For the sake of planning Ahead. I have my toes on baby step 4 for Extra passive income. I don't see myself doing 4 5 6 Simultaneously but One step at a time depending on financial strength. I'm debt free, 33, single, live with my parents, wanting to get out, but rent is beyond Dave's recomended 20% to house needs. I can only pay $500 a month. I may pay more once I make it to baby step 6.
As an older person I have also learned that couples have their strong qualities. He might be great at providing the money or family business but you provide the planning to make it better!! Sometimes they need help and understanding just to learn investing is important, because unfortunately it’s not taught in school!! HOWEVER if they don’t want to be on board with planning and working together on building a strong financial future, that when we can justify kicking them to the curb! 😯😆💰👌💙💰
