How to Budget for Emergency Home Repairs

How to Budget for Emergency Home Repairs

There's more financial responsibility involved in owning a home than just your monthly mortgage payment. Plumbing emergencies, electrical failures, water heater replacements and many other home repairs can put an additional dent in your wallet if you're not prepared for the expense.

On this episode of Chat with the Experts, we talk with best-selling financial author Eric Tyson about how to budget for emergency home repairs and regular home maintenance tasks. We also ask Tyson about how to decide what home improvement projects are in your best financial interest.

Don't own a home, yet? We've got you covered. Tyson also shares helpful tips for saving for a down payment and how to know if purchasing a new home is the right decision for you and your family. Listen in!

You can subscribe to the podcast on iTunes.

Additional Resources:

Angie's List Guide to Financial Planning

Financial Planning for Your 20s, 30s and Beyond

Save Now for the Holidays!

About this Experts Contributor: Eric Tyson is the best selling author of "Personal Finance for Dummies", "Investing for Dummies" and many other helpful finance books. He’s an economist and advisor and analyzes financial news to provide financial planning insights.

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