We’re back on our home buying series and Mansa Musa from MoneySmartLife.org explains that if you’re thinking about buying a home, you may be able to “purchase one with no money down, but you won’t be able to with no money.” Today we talk about some expenses you will encounter and how to save some money for the added cash you will spend buying a home.
As part of the of the latest COVID-19 Relief Bill, the child tax credit for 2021 has increased from $2,000 per child to $3,000 per child. Parents of children under age 6 would be eligible for an even larger $3,600 total credit. That said, Mansa Musa from MoneySmartLife.org explains what that means for you if you are a parent.
The majority of Americans will receive or have received the latest… and maybe our last… stimulus check to help us navigate through this ongoing pandemic. But before you spend it all or let advertisers suck you in, Mansa Musa from MoneySmartLife.org says this is an opportunity to build or rebuild a “Money Smart Life” for you and your family.
ALSO CHECK OUT: Take Control: I Think I Want To Buy A Home…