Easy fixes!

Repairs That Can Save You Money

If you’ve always relied on your landlord or a contractor to fix things in your home, you may be tempted to just pull out your phone the next time something breaks. But as many seasoned homeowners will tell you, it’s not always worth dialing a professional — especially if you’re dealing with a simple fix that almost anyone (even you) can master.

Fixing a leaking faucet

This classic home repair project often just requires a screwdriver, pliers, a wrench and some basic know-how to complete. Before you call a plumber, look for some step-by-step instructions and try fixing the problem yourself. “Taking apart a bathtub or shower valve that’s defective or a kitchen sink that’s dripping or not working properly — those are some pretty easy repairs,” Vandervort said. “They usually involve taking the handle off and opening up the body of the valve and replacing a washer or a cartridge inside the valve.”

According to Vandervort, a malfunctioning garbage disposal is another common household problem that’s often relatively easy to fix. Often, people don’t realize that reviving a locked garbage disposal can sometimes be as easy as pressing a reset button at the bottom of the disposal, he says.

These days, hardware parts are often so standardized that it’s relatively easy to find a replacement if you need one, says Lipford. Just make sure you carefully compare your old hardware to the new hardware that you’re considering purchasing, he says – especially if you’re trying to replace something that has a lot of parts that need to match, such as a cabinet hinge.

This will save you tons!

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A Love Letter to Millennials, From The Stock Market

While reading The Wall Street Journal I came across an article I found quite distressing. Apparently, your generation is flocking to my bastard cousin, real estate, in the hopes of securing your financial future. You’re flippantly tossing around hurtful statements about how I “spook” you or putting your money in my grasp is nothing more than gambling. I’m not some two-bit slot machine you pump full of quarters in Vegas. I am The Stock Market and I believe it’s time the two of us have a little heart-to-heart.

Love letter:

Yes, there have been times I caused panic and destruction. Your history books teach you about Black Tuesday and your parents may have lost some money when I took a dive in 1987. Most of you are probably frightened by me because of what happened in 2008. I know I caused some of you to lose jobs while others graduated from college to face crushing unemployment rates. It makes sense why you view me as a wicked witch trying to lure you into a house made of candy, only to throw you in a stew. 

My dearest Millennials, you are in the unique position of having what every investor craves: time. Time is exactly what will make you the next Warren Buffett. Well, that’s a lie. Time can help, but few people can make me their bitch quite like Buffett. Time is important because it helps you grow your wealth while sustaining future drops in the market. Time alleviates the pressure to quickly amass money in the later years of your life so you can retire. In fact, you can retire earlier if you learn how to master investing in your 20s vs your late 30s or heaven forbid into your 40s.

Speaking of retirement, how about those 401(k)s and IRAs you have all set up to prepare for your retirement? I’ve heard rumor you think those are enough to financially prepare for your future. First of all, jokes on you. If you have a 401(k) or IRA then you’re most likely already in bed with me. And yes, those are great starts to prepare you for the future, but the key to wealth is diversifying. One 401(k) plan will not a rich man make. That money is meant to support you from traditional retirement age, around 62, until you die which could be 30 years later. And remember, Uncle Sam will come for that money if it isn’t in a Roth account. If start teetering towards the point of outliving your stash of cash, then you better hope that you have really loving children.

Read the rest here!

In the News This Week:

The Ivy League: admissions scandals are revealing an uncomfortable truth.

W.Va. Teachers: Report Feeling Overwhelmed by Opioid Crisis

Pathogens: hitchhiking on plastics ‘could carry cholera from India to US’ | Environment

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