RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Middle-Class Households Best at Saving

March 31, 2015 12:30 am

More than one-third (35 percent) of middle-class households with an annual income between $50,000 and $74,999 are saving more than 10 percent of their incomes, a rate that outpaces even the highest-income households, according to a recent report by Bankrate.com. However, just half of Americans are saving no more than five percent of their incomes. Roughly one in five (18 percent) are saving nothing at all.

“This proves the old adage that what counts isn’t how much you make, but how much you have left over,” says Greg McBride, chief financial analyst for Bankrate.com.

Overall, fewer than one in four Americans (24 percent) are saving more than 10 percent of their incomes. That figure includes 14 percent (one in seven) who are saving more than 15 percent.

Those in the western U.S. are out-saving their counterparts elsewhere; 31 percent of westerners are saving more than 10 percent of their incomes, compared with just 20 percent of southerners. However, just 19 percent of westerners aren’t saving anything.

Source: Bankrate.com

Published with permission from RISMedia.


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3 Ways to Maximize Garage Space

March 31, 2015 12:30 am

(Family Features) The U.S. Department of Energy cites 25 percent of homeowners with two-car garages have too much clutter to store vehicles, and 32 percent only have room for one vehicle.

"It's ironic that many of us would rather store our boxes of unwanted stuff in our garage, leaving our valuable cars outside to deal with the elements," says Lorie Marrero, professional organizer and author of The Clutter Diet. "Let's rethink our storage priorities and turn our garage into a space that's more organized and functional."

Maximizing garage space doesn’t have to be a chore. Marrero recommends three simple steps to make the most of storage space in your garage.

1. Clear the Floor
"Wire shelving is the perfect choice for 'DIYers' in need of a garage makeover," says Marrero. "It is flexible and can be customized to fit in all types of spaces, suits any climate and is easy to keep clean."

Since floor space is at a premium, get things off the floor and onto the wall. One option is heavy duty wire shelving, which can withstand the weight of some of your heaviest things and adapt to changing storage needs. This shelving will allow air to ventilate and is not affected by the humidity or sudden fluctuations in temperature.

Limit the dirt tracked inside the house with an area rug or repurposed carpet. For many, the garage serves as the main entry point into the home, so be prudent and keep the entryway as clean as possible.

2. Store Hazardous Materials
Things like poisonous pesticides and anti-freeze or dangerous tools like hedge trimmers and power tools should be hidden safely out of reach from children and pets. Find a home for these items with heavy-duty cabinets.

3. Organize Smaller Items
Can't find your wrench or screw driver? Use a peg board to keep your favorite hand tools neatly stored and easily accessible. Hooks are another great way to keep track of your belongings. Use them freely for stowing hoses, extension cords, bicycles and step ladders.

Source: ClosetMaid

Published with permission from RISMedia.


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