Tag: Financial Pitfalls

Home values shot to all-time highs during the pandemic. The gains might have made you consider selling your house. The problem, though, was that you could not afford to buy something else to move into. That fact and the pandemic itself have had a lot of people taking a critical look at their homes. You might be thinking it is time to invest in making some renovations instead. That way, you can stay put but feel like you have bought something new and different. Building materials had just started backing off the soaring prices caused by supply chain shortages when inflation hit. If you have started pricing materials for a renovation, you might be wondering if you can afford it. That is especially a concern when interest rates are skyrocketing. Forging ahead without a plan could...