Cincinnati Homes For Sale

If you haven’t already checked on the current rate of your personal credit lines, IT IS NOW TIME TO DO THAT!

A few years ago banks were offering to lock in low interest rates on credit lines. It is highly likely that the current rate of 3.5% is now below that rate. So check it out and make sure that you call your bank and adjust the rate that they are charging you!

This is still a really good place to take money to pay off much higher interest rates on credit cards. However, if you do that, DON’T RUN UP YOUR CREDIT CARD AGAIN unless you can pay it off every month. Remember, your house is not the bottomless pit that it once was. In fact many people have had their credit lines reduced so that they don’t overspend the equity in their house.

Now is a very good time to make a household budget, go over the budget you had last year and see if there are places that you can cut down expenses. Here are some ideas:

• Install a set-back thermostat for your heating system - Set it back to 50F at night and when you aren’t home, and set it to 68F when you are home, or lower if you can. Flannel sheets, and down comforters last a long time and will make you comfortable at night. You’ll just have to wear an extra layer of clothes during the day!

• Make sure your windows are properly closed - Also make sure all storm windows are in the correct position, and vents in glass block windows in the basement are closed. Use Peel and Seal if you have older windows that don’t fit well. If you doors don’t fit properly install a good well fitting insulated storm door.