No one likes a home project going unfinished because of financial restraints. A house that’s in a perpetual state of construction makes it hard to feel like you’re truly at home. Whether it’s fixing an unexpected pipe leak or remodeling that old bathroom, DEXTSA makes saving for home projects an easy task. But how do you start?
A recent study by Bankrate found that the average homeowner spends around $2,000 annually on home maintenance projects. But according to a recent Yahoo Finance article, 58% of Americans have less than $1,000 in savings. If you want to avoid falling into that percentile, here are a few tips on how to save up (just in case you want to upgrade that antique bathroom with the latest interior design and modern fixtures).
Open a savings account for home projects
Don’t have a DEXSTA account yet? That’s okay! Opening a savings or checking account is your first step towards saving for those unfinished home projects. If you’re a part of the communities in New Castle County, Delaware or Cecil County, Maryland, then you’re eligible to open an account with DEXSTA.
Provide us with a minimum $5 deposit, two forms of ID, and proof of address, and you’ll be on your way towards optimal home project savings.
Home improvement done easy
Have you ever heard of DEXSTA’s share savings accounts? This account pays you an annual interest on your savings. With a secure place to store your funds, it’ll also make you eligible to use other DEXSTA services like loans, checking accounts, and more.
Saving for home projects with a share savings account can help prepare you for any nasty repairs that could arise. If your five-year plan includes renovating a decrepit old porch, and you’re hoping to turn it into a beautifully carved stone patio. If you start saving now with DEXSTA through a share savings account, you won’t have to worry if the money will be there or not.
Didn’t save in time? We have loans for emergency repairs
If that leaking pipe is already filling up your kitchen like a bathroom tub, we offer home improvement loans designed to solve problems quickly. No equity is necessary, as it’s a personal loan. Ranging from $1,000-$25,000, you can pay for the repair or project over time with terms of 12-72 months.
DEXSTA is here to help you out when you need us most. Whether you want to avoid being in that 58%, are gearing up for a renovation down the road, or repairing a dilapidated home, saving for home projects is saving for your future.
Contact DEXSTA today, and we’ll put you on the road towards a secure financial future.