• Megan Cooper

How to Successfully Manage Two Homes


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Are you splitting your living time between two states? Perhaps you’ve recently purchased a vacation home for your family, or you’ve rented an apartment because you grew tired of commuting to your job in another state.


Having two homes can make your life more convenient and give your family more opportunities for adventure, but it can also add complexity to your life, especially when you own a business. It’s important to consider strategies that can ensure you get the most out of your life and business between two or more homes. Here are a few tips to help:


Scrutinize Your Purchases

Whether your family is moving into a new home or you’ve determined it’s time to upgrade your living situation, you’ll likely need to invest in new home products to keep your family healthy and happy. With so many products on the market, it can be hard to know when you’re purchasing a high-quality item, which is why it’s essential to use expert review sites. These sites include reviews for a wide range of products from both experts and customers, meaning you can avoid buying something with a poor track record.


Think About Nutrition

Restaurants are offering healthier meals and snacks by the day, but that doesn’t help your budget. Americans spend an average of $2,375 annually on dining out. By storing nutritious foods in both homes, you can ensure your family has what they need to eat healthily and flourish wherever you are.


Research frozen and non-perishable foods to stock up on, which can help you abide by a consistent diet while adding convenience and saving money. Also, consider meal prepping for two or three hours on the weekends; this will leave you with ready-to-go meals and snacks, so you don’t have to spend your hard-earned money at the drive-thru.


Run Your Business

If you’re an entrepreneur, your business is your livelihood. When you live in two different states, you won’t always be around for everything. That’s why hiring a registered agent in your company‘s primary state is one of the most crucial steps you can take to keep operations running smoothly.


When hiring a registered agent, you’ll review how your business typically makes decisions and runs its processes so that your agent knows how to respond to issues while you are away. If a serious legal matter surfaces and you’re not around to handle it, your agent will step in and relieve you of the burden.


Study Your Expenses

As you know, living well comes with different costs depending on where you are. Make sure you grasp the average living costs in various states so you can prepare your budget. For example:

  • The average 5 x 5 self-storage unit in Las Vegas costs $63.34 monthly. Check listing sites if you need storage in Sin City.

  • A single resident in Los Angeles spends an average of $375 on groceries each month.

  • You can expect to pay around $18.70 per hour for babysitting services in Washington, DC.

  • A major medical individual health insurance policy costs an average of $564 monthly in Oklahoma City.

  • A gallon of gas in New York City currently runs $4.08.


Wrapping Up

There are benefits and drawbacks to living in two different states as a business owner. You can maximize the advantages and minimize the disadvantages by hiring a registered agent, equipping both your homes with food and essential items, and finding ways to save money.


 

Megan Cooper thinks there’s nothing more satisfying than a well-executed DIY project. For her, it all started a few years ago when she built a bookshelf out of reclaimed wood. She hasn’t looked back since. Today, she regularly tackles home decor DIY projects big and small. She created reallifehome.net to share all of the tips, advice, and resources that she has found most useful as she’s learned the ins and outs of DIY.

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