New homeowners may be highly tempted to go on a shopping spree to decorate, landscape, and fill every room with furniture all at once. But, not so fast. Buying a home is an expensive purchase on its own. You don’t want to make the mistake of overextending yourself (or your credit cards) with additional purchases right away when you can more easily tackle them later on down the road. In a recent article, Realtor.com cautions against six cash-draining mistakes new homeowners make. One mistake is to rush to jazz up your outdoor living space too quickly. While it’s nice to host a housewarming barbecue and show off your new digs, it’s smarter to have the extra cash for the unexpected expenses you will incur as a new homeowner.

To learn more, read the entire article.

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