I've been doing a little thinking over the past few weeks about how I can work to make this site a better place to help you improve your bottom line. While the main thrust of this blog is, and will continue to be, how to save money on your groceries and household items, I think I'd be amiss to not share with you other ways to make a significant difference in your total financial picture.
If you're like most people, your biggest fixed monthly expense is your mortgage. I recently heard about a program that I think will end up benefiting a fair amount of folks (Obama estimates 5 million homeowners), and I wanted to take the time to share a bit about it. Maybe it will be of value to you.
It's called Making Home Affordable, and there are two categories of folks it's meant to assist:
- Refinancing for homeowners who make their payment on time, but whose homes have lost significant equity.
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Modifications for people who are struggling to make their payment, perhaps due to a recent job loss.
If either of the above describes your current situation, I highly recommend you stop by their site to learn more now. Click on the "Find out if you are eligible" button to determine if this would be a potential solution for you. Then contact your mortgage lender and let them know you're interested. Because the program is new, your lender may have only limited information at the time of your call. But getting the ball rolling now is an important step in ensuring your home remains affordable for many years to come.
Also, please note that this is a government-sponsored program. Unfortunately, there are a lot of scams right now centering on "foreclosure assistance." If you are in need of assistance with your mortgage, I encourage you to contact your lender first and be wary of ANY group asking for money upfront to help save your house.
Photo credit Dez Pain
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My mom and dad head up to Alaska every summer on their boat and Mom makes sourdough bread. Instead of using yeast she has sourdough starter, which she has given to me. I make bread with it about every week or two and all I have to do is add more water and flour to feed the starter…so no buying yeast for me! Let me know if you want some. I can also give you the recipe.