When people hear the phrase “home management,” the focus tends to be on maintenance, remodeling or other things they either do themselves or hire a contractor to do for them. But the home is your largest asset and biggest expense, which means “digital home management” becomes paramount to personal finance management.

Digital home management is creating, aggregating and analyzing digital information about all the different elements that make up your physical home. It includes all the photos, videos, documents, receipts, data and reports about everything in your home. Once you consolidate all your digital information, it becomes much easier to manage this asset and its expenses, and ultimately save money and improve the value.

Here are four areas of digital home management that are important for homeowners.

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Source Kiplinger