MONEY AND A HOME

Sun (Auckland), Volume III, Issue 835, 2 December 1929, Page 4

MONEY AND A HOME

INCOME AND ABILITY TO SAVE COMPLETE OWNERSHIP Considering home building from an investment point of view, it is easy to see that if a landlord makes money on the rent he charges you for tlie privilege of living in liis house, you certainly should be able to make money on a home of your own, provided you build economically and finance wisely. Perhaps, like thousands of others, you are trying -to decide how- expensive a home you can afford. Your finances may be limited, and you may be trying to determine how much you are justified in spending for a home. ASK TWO QUESTIONS What follows is intended to be helpful and to assist in answering tlie two questions many people ask. First: Have I sufficient money to start? Second: Can I finance the building of a home? Perhaps the easiest way of determining liow expensive a home you can afford to build is to consider the rent you are paying. Budget authorities say you are justified in paying from one-fourth to one-fifth of your income in rent. If you are th’riftv it is possible you can lay aside a larger percentage for payments on a new home, for which you would sometime have a warranty deed and complete ownership. The amount of money, however, that you can lay aside from your income for home building depends upon two things. First, the size of your income. Second, your ability to save money each month after deducting* living expenses.

"DRESS TO TONE” The limit for originality was surely reached by a London hostess at a dance when she decorated her ballroom and herself alike, says an English writer. To match her jade green faille dress she had the room “done” in jade green, too, and used pale green powder on her face. Her eyelids aud eyelashes were painted with a deeper shade of the same colour. One would imagine that tlie effect would be rather horrible, but the writer says that “it was quite pleasing,” which is rather a selfish idea, because the green of the room might not have suited all the feminine guests.