Housing represents a major budget expenditure. This area of financial planning requires careful analysis of needs along with a comparison of the costs and benefits of housing alternatives.
| Short-Term Financial Planning Activities | Housing Websites |
| 1. Compare your current housing situation with your housing
needs and financial situation. | PFP Sheet 40 | |
| 2. Conduct an analysis to compare renting and buying of
housing. | PFP Sheet 41 |
| 3. Compare various rental alternatives as needed. | PFP Sheet 42 |
| 4. Determine your housing and mortgage affordability, and
compare various sources of mortgages. | PFP Sheets 43 & 44 |
| Long-Term Financial Planning Activities |
| 1. Monitor changing interest rates and assess refinancing
alternatives. | PFP Sheet 45 |
| 2. Develop a plan for assessing housing needs and costs in
the future. | |
