The Cutting Edge

Do you need to cut costs–and fast? Here are several ways to get your family finances back under control

save the expense of calling a plumber or handyman. Start by visiting the “Know How Center” on HomeDepot.com, and the “Project & Video Center” on Lowes.com.

Buy index funds. Actively-managed mutual funds charge a higher expense ratio, and usually don’t beat the market anyway. Stick with lower-cost index funds or exchange-traded funds (ETFs) that track the market. The ETF page on Morningstar.com is a good starting point to learn more about these vehicles.

Swap your home. In the movie The Holiday, Kate Winslet and Cameron Diaz enjoyed their vacations in each other’s homes. Sites such as HomeExchange.com let you do the same.

Need to cut costs? Come back to BlackEnterprise.com every Wednesday for tips from the Cutting Edge.

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  • Kallen

    Nice!

  • http://www.webdezinz.com/ Christopher

    ohh yeah!!!

  • http://twitter.com/Aruach Adamah Ruach

    Tight!