Warren County Ohio Real Estate News and Observations: Pocket Change

Pocket Change

money adds up

It's just pocket change.

Leftovers from an iced tea purchase or a quick snack.  Tossed into the car's center console or dropped in a coat pocket.  It doesn't seem like much individually.  But move it to our change jar and after a year that jar gets pretty heavy.  When that happens I haul it to a Coinstar at a local Kroger and load up the machine and listen to ka-ching ka-ching ka-ching sounds for about 10 minutes until all the change is dumped and counted.  Out comes an Amazon e-gift receipt and no deductions by Coinstar for the counting.  Today's haul $268.98.  That's going to pay for quite a few cases of cat food :)

So obviously, pocket change can add up!

Now when you're buying a home what you consider pocket change and what I consider pocket change might be different, but the bottom line is a home purchase is just more than contracted sale price and those "pocket change" expenses for after you're the owner can add up to significant expenses.

  • How much are utility bills?
  • How much is homeowner's insurance?
  • How much are taxes?
  • How much HOA fees?
  • What work must be done NOW?  What can be deferred?
  • How soon are the major mechanicals going to need replaced?  The roof?
  • Is there extensive landscaping that will be maintained?
  • A hot tub?  Pool?  Both come with some extra expenses.

Get the picture?  There is much to be considered in the overall big picture.  The better a home buyer understands these factors, the less likely that some "pocket change" line item will turn into a Godzilla expense later.


Interested in knowing more?  The answers are easy to get, just call me at 513-520-5305 for a chat.  Like what you hear, we can meet in person and get even more detailed about determining the best path to take care of your future home needs!


We look forward to hearing from you!

Serving Greater Cincinnati home buyers and sellers,

Bill of Liz and Bill aka BLiz  


Serving Warren County Ohio & Adjacent Areas


The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

Search Homes:  Https://WarrenCountyOhioRealEstate.com

Our Website:  www.LizTour.com

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Comment balloon 4 commentsLiz and Bill Spear • December 27 2018 12:36AM


How do you get around the Coinstar fees?  The ones around here charge a hefty percentage.

Posted by Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate (United Real Estate) 6 months ago

-Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417 , If you use the e-gift card option (click the link)-there is no fee for conversion.  Otherwise, they do take you to the cleaners to convert the coins to cash.  Since we're heavy Amazon shoppers, converting the loose change to an Amazon e-gift card is a perfect option.

Posted by Liz and Bill Spear, RE/MAX Elite Warren County OH (Cincinnati/Dayton) (RE/MAX Elite 513.520.5305 www.LizTour.com) 6 months ago

Great point made here.  Pocket change can add up, and those "little things" that so many people overlook can become big things.  The other aspect of "pocket change" we like to talk with people about is the small things that can be done to save for a home.  It doesn't take much to become a home owner in most markets  : )

Posted by John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852 (Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,) 6 months ago

Excellent advice, Bill! I'm a saver and actually find it more fun to save than to spend - believe it or not! I guess what makes it nice is when the really 'big' things come up, it feels good to pay cash and not have to finance. Now, if only I could get the message across to my youngest! LOL

Posted by Debe Maxwell, CRS, Charlotte Homes for Sale - Charlotte Neighborhoods (www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310) 6 months ago