Month: October 2020

Boost The Mood Of Your Space

Boost The Mood Of Your Space

If you’re still working from home, you may be feeling down about your current space. While working from home can be fun, it is important to make sure your space keeps you motivated. The best way to do that is to change up your style! Here are some of the easiest ways to boost the mood of your space:

Compartmentalize

If you’re working at home, it is easy to get distracted by your typical home responsibilities since they are now right in front of your face. To stay focused on work, try designating different areas for certain activities. By assigning specific areas for fitness, work and leisure, you will have an easier time letting your brain and body know what you should be focusing on.

Try Some Color

Adding an accent wall, or even painting a whole room, is one of the easiest ways to immediately boost the mood of a room. Consider adding a feature wall with a pop of color or lighting up the space where you work during the day. If you’re not ready to commit to painting your walls you can use accessories like throw pillows, curtains, or artwork to bring color into your space.

Declutter!

Spending more time at home can make a space that didn’t seem cramped before feel overwhelming. There’s no better way to bring harmony to your space than decluttering. While having a clean, decluttered space is aesthetically pleasing, it can also reduce your stress and help you stay focused on work instead of worrying about all the clutter in your field of vision during the day.

Try a Digital Detox

Staying informed is important, and many jobs require technology, but cutting down on screen time can greatly impact how you feel in your space. To reduce screen dependence, set up manageable boundaries based on time or place. Designate phone-free times or remove tech devices from your bedroom for a daily reset.

Lighten Up

If your home is now your office, you can now control the light conditions of your workday. Natural light is one of the best ways to literally and figuratively lighten up a space. Try positioning your desk near a window and keep drapes and shades open during the daytime. You can also add reflective surfaces to enhance the light in dark rooms.

Why did my credit score drop?

Why Did My Credit Score Drop?

If you’ve seen a change in your credit score recently, you may be wondering why. There are a number of factors that contribute to a dropping credit score and it is important to know what may be causing that! When buying a home, it is important to maintain your credit and not make any major purchases that could impact your score. Here are the top 5 reasons for a drop in credit:

YOU MADE A LATE PAYMENT

Accounting for about 30% of your total rating, your payment history has a big impact on your credit score. If you make a loan or credit card payment more than a month after the due date, it could cause your credit score to drop. A payment 60-90+ days late will have an even greater impact on your score.

YOU MADE A LARGE PURCHASE

Your credit utilization ratio can largely impact your credit score. Your ratio is how much of your credit you use in relation to your total available credit. The goal is to have a lower ratio so if you’ve been using more of your available credit lately, you may see a drop in your score. If for any reason your credit limit is lowered, it can impact your credit utilization ratio and impact your score.

AN ACCOUNT GOES TO COLLECTION

Timely payments on all accounts is an important part of your credit journey. Late payments on credit cards, loans, to medical facilities, student loans and utilities can be sent to a collection agency, which could in turn show up in your credit report.

YOU OPENED A NEW LINE OF CREDIT

When you apply for new credit, you are giving lenders the permission to access a copy of your credit report, which is known as a hard inquiry on your credit. If your credit report indicates that you’ve applied for multiple new credit lines in a short period of time, your credit score may be impacted.

YOU CLOSED A CREDIT LINE

Closing a card means losing available credit, which could increase your credit utilization ratio. As a result, your credit score may drop. If closing a card helps you stop spending, it may be a good idea. Otherwise, it is usually wise to keep lines of credit open. The length of time you’ve had accounts open shows that you have a solid payment history, so that could be another reason to keep that card you’ve had awhile open if you are using it wisely!

Use Your COVID Downtime to Make a New Home Wish List

Maybe you haven’t started looking yet, or you found a home you love but COVID is postponing the move. Either way, you can use this time of waiting to create a plan or wish list for what you want to find or the changes you want to make. The best way to start this list is to use your current space to decide what you wouldn’t want in a new home.

Start with what works and what doesn’t. Make a list of what you love about your current place, and what you don’t. What room is your favorite? What makes it your favorite? Take the time to think about what features make that room favorable. How about the structure? If you currently have low ceilings, decide if you want higher ceilings in your next space. Go through each feature you dislike and try to figure out how your new home can be better.

Take time to ask yourself how you feel when you are home. Do you need more space? Maybe you have too much space now and realize you have too much clutter because of that. Does your current layout suit your style and needs? Maybe an open floor plan would work better than what you have now – make sure you note that. Decide if your current number of bathrooms and bedrooms suits your needs, or will suit your needs in the future.

Next, consider your outdoor space and neighborhood. Do you find yourself spending all your time indoors because you don’t have an outdoor space you love? Do you wish you were closer to a park? If you constantly feel stuck inside, you should decide if that is impacted by your yearning to spend time inside because you enjoy that space or because you can’t enjoy your space outside.

Once you’ve completed your list, reach out to your local real estate agent, (ME!), and start looking for a home that checks the boxes you need today!