Why You Need To Adjust Your Monthly Budget For Home Maintenance

There are things you will need to purchase for a home you own that you didn't have to purchase before when you were renting. There are big ticket items for your home that a home warranty should cover if anything goes wrong, but there are so many other little things that add up that home warranty doesn't cover. It's a smart idea to start a fund just for those small repairs and maintenance like replacing the light bulbs, or even just replacing the garden hose. All of those small items add up.

Key Takeaways:

The cost of home repair and upkeep must be accounted for in your monthly budget
Services you can expect to pay for include heating and cooling repairs, plumbing issues and critter control
The age and build of your home should determine how much you should be saving for extra monthly costs

““If you've purchased a new home, structural, system, appliance and even landscaping warranties may be in place,” explains Sharon Lang, a real estate agent in Northern Virginia.”