cost Archives - Sharkey, Howes & Javer

5 Important Questions to Ask Yourself Before Deciding to Go Back to School

By | SH&J Blog, Tips | No Comments

Five Financial Questions to Ask Before Going Back to School | Sharkey, Howes & Javer

Going back to school can give you a sense of accomplishment and open the door to new opportunities, but is going back to school for a new or advanced degree worth the investment? We all know pursuing a degree can have a strong impact on finances, career and family.

Here are our 5 questions to ask yourself before going back to school:

Why do I want to go back to school?

Exploring why you want to go back to school is an important and necessary first step. Are you interested in learning something new? Are you looking to move to a new career? Maybe you are hoping an advanced degree will give you a significant income boost. Whatever your reasons for thinking about going back to school, take some time to write them down. Discuss your list with trusted mentors and family members to get their honest input. Their advice could help you find other avenues to reach the same result without the cost and time required by pursuing a degree, or determine that a degree is your best option.

Read More

Getting the Most Bang for Your Remodeling Buck

By | SH&J Blog, Tips | No Comments

Sometimes, your home is one of the largest investments in your ‘portfolio’. Whether you are looking to stay in your home for a while or are considering selling soon, it’s important to pay attention to which remodeling projects will help you add the most resale value to your home.

According to the Remodeling 2016 Cost vs. Value Report as compiled by www.costvsvalue.com for the Denver area, these are the midrange projects shown to be the best bets when remodeling.

Read More

7 Tips to Save for Winter Vacations

By | SH&J Blog, Tips | No Comments

Here in Colorado the snow has started to fly and many people are planning their winter escapes or ski vacations. As you are planning for some winter fun in the next few months, we suggest taking a look at your finances and creating a savings plan to keep the stress meter low and the fun meter high.

Here are 7 tips to save for your winter vacation while saving some additional money along the way:

Calculate the Cost

Start by figuring out how much your trip will cost. Be sure to include flights, transportation, lodging, meals, activities or excursions and souvenirs. If you have dates in mind for your trip, divide the total cost over the number of months you have before your travel. (Cost of Trip / Months Before Travel = Monthly Savings Rate) If the monthly savings goal is too much, consider pushing back your travel dates.

Create a Vacation Account

To keep from dipping into your vacation savings before the big trip, create a separate vacation savings account. Put your vacation savings directly into the account and don’t touch it until it’s time to buy airfare, put down a deposit, etc.

Read More