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Our 2023 Financial Goals

Family Balance Sheet

In 2020, our financial goals were to read, research, and understand both college and retirement planning. Our oldest is a junior in high school and college becomes reality in the fall of 2024. We want to assist our daughters with their college expenses. College is crazy expensive right now. My basement is still a mess.

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Meet a Reader | Gretchen from Oregon

The Frugal Girl

I can remember quite a few years in college and grad school when my part-time jobs juuuuust barely covered my expenses (and sometimes not even that!) I don’t know how I heard about Katy’s blog first! How did you become interesting in saving money? I think I first got interested in money by … not having any!

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The Danger In Assuming

Prairie Eco-Thrifter

With just a few years separating them from retirement, they were both laid off unexpectedly, the year before I started college. They can come in the form of a health scare a home repair or otherwise. At age 50 my parents were at the top of their game, both highly compensated members of major corporate teams.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

And, as with your primary mortgage, you can expect closing costs whether you choose a home equity loan or HELOC. Many borrowers use them to pay for major home repairs or renovations, like finishing a basement , remodeling a kitchen or updating a bathroom. This might help shield your budget from fluctuating-rate increases.

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Create your debt freedom plan

Family Balance Sheet

Start college funds for our two girls. Next, make a list of your current needs , such as home repairs, medical needs, or educational needs. We found extra money within our budget and applied it to that first loan while making the minimum payments on the other 4 loans. How I Managed our Family Budget During the Pandemic.

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What Is A Home Equity Loan?

Savings Corner

While both of those kinds of big expenses can be fun, they are not reasons to hock your home. Paying for college: You may find lenders who advocate paying college tuition via home equity, but this is a risky move. This might make it easier for you to budget for and pay each month.

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Meet a Reader | Mbmom11, in the Midwest

The Frugal Girl

Home repairs, construction, electrical, auto repair, technology – he’ll try anything after suitable research of YouTube and other resources. I should have known he was special as he asked for a set of “Time-Life” home repair books when he was in college. He is so talented at DIY.