New Year's Resolutions for New Homeowners

As a homeowner, you can save money now and get more out of your investment later with just a few smart decisions. Here are a few New Year's resolutions for new homeowners!

• Start an emergency fund. An emergency fund provides a financial safety net for those unexpected expenses. It should cover several months of expenses but it's okay to start small. With every paycheck, set aside a portion for the fund with a $500 goal and then contribute as much as you can moving forward.
• Get an energy efficiency audit. An energy audit can measure air leaks and detect air infiltration or missing insulation. Having an energy efficient home can lower utility bills and make you more comfortable.
• Create a disaster kit. If the unthinkable happens, a disaster kit that includes financial documents and a home inventory will speed up recovery. Store it in a fireproof safe or other place that's easily accessible along with copies of your I.D., credit card information, vehicle records and other important documents.