Irvine, CA (PRWEB) October 28, 2010 –
The latest MoneyNing.com post offers readers strategies for saving money on housing and other costly living expenses at http://moneyning.com/.
The National Association of Realtors (NAR) offered hope this week for those anxiously watching the housing market. According to an NAR analysis, home sales in September increased by 10% since August; however when compared to 2009 overall sales were down by 19.1%.
Forbes quoted NAR spokesman Walter Molony as saying, “This is the biggest monthly gain in 28 years, even though we should be closer to 5 million given the rate of population growth.”
Molony explained further by saying, “Buyers are responding to low interest rates, but what hurts is the anemic pace of job growth.”
MoneyNing.com, a personal finance blog, knows homeowners are feeling jittery. Foreclosure rates are at an all-time high and home values nationwide have plunged. Many homeowners are “underwater” and worry about losing their home, which is why MoneyNing.com chose to address this issue in a recent post.
Jamie Simmerman, the posts author, explains, “Some consumers spend as much as 80% of their income on housing costs, so finding ways to shave even a few dollars off keeping a roof over your head can provide huge relief to a strained budge.”
Learning how to adapt to changes in personal finances is an important aspect of money management; however few people grew up in homes where money was discussed openly. As a result, many are finance-illiterates and know little about building wealth or creating financial security.
David Ning created MoneyNing.com, a personal finance blog, to help others understand the principles that are foundational to good money management including saving money, spending frugally and investing wisely.
MoneyNing.com has been offering up straightforward, no-nonsense advice for saving money since its launch in 2007. Since then MoneyNing.com has attracted a following of more than 300,000 monthly visitors and the attention of various news syndicates. Posts from the personal finance blog have been featured on the NYTimes.com, Time.com, and USNews.com.
Subscribers of MoneyNing.com receive a copy of David Ning’s eBook How to Save Money on Everything. They also receive a weekly newsletter and are given access to a mini course on frugal living and saving money. Go to http://moneyning.com/announcements/the-free-frugal-email-newsletter/ to subscribe.
Visit MoneyNing.com to read the post on reducing housing expenses. Or, to learn more about saving money on other costly expenses visit http://moneyning.com/.