Living Solo in the Big City  Erica Horne braces for unexpected
expenses as she becomes a homeowner in New York  • Create a
budget. Brown cautions that Horne is in a good position but she
must be very shrewd with her next financial steps. “She’s in
flux because she closed on her apartment but she hasn’t moved in
yet,” Brown says. “She got this really good deal with a $67,000
purchase price and her debt is only $1,400 which is not really a
problem. She has a 4.1% rate on her mortgage, which is
unbelievably low,” says Brown.  However, experts agree that
Horne must keep track of all expenses and make cash payments for
any new homeowner items such as furniture. “She can use free
services such as to track spending and use online banking to pay
bills and track monthly payments. also imports your bank
financial data which makes it easier to create a budget,” says
Freeman. “I recommend she delay any major furniture expenses.
It’s the easiest way to get into debt by buying such items on
credit cards. She should pay cas