housing

You Should Save 4% Of Your New Home’s Cost For Repairs

A surprisingly large number of new homeowners are feeling regret after their purchase, largely because of unexpected costs associated with the purchase, reports a new survey of 1,500 homeowners from personal finance website Bankrate.

Ask LH: What Is ‘Good’ Debt?

Dear Lifehacker, I keep seeing certain types of debt (mortgages, student loans) referred to as “good” debt, whereas other types (credit card debt, for example) are referred to as “bad” debt. What does that mean? What makes a certain type of debt “good” and another type “bad?”