Overall, balance transfer credit cards can be a helpful tool for cardholders in high debt, but it's essential to use them responsibly.

I recommend homeowners save about 1% to 4% of the total purchase value of their home after considering important factors like location, age, and condition of the house. This is because your home's average annual maintenance costs may exceed the 1% value. So, budgeting a little more than average is helpful when accounting for major home repairs.