Family Balance Sheet

MAY 6, 2020

For many households, their finances and budgets are in limbo. My family’s finances have also been affected. We’ve had several instances over the years that have shaped how we viewed and managed our money. Everything changed. How Our Debt Freedom Plan Prepared Us for the Pandemic. Our first storm: 2007.

Debt 130

Debt Emergency Fund 2007 2020 130

Prairie Eco-Thrifter

MAY 1, 2013

The result is that your money will last indefinitely. Your money really can last forever. What if you estimate your retirement based on how much you are able to save, but a job loss means you can’t set aside money anymore, plus you lose your employer match? Money Tips' But What If Things Change?

Life Insurance 213

Life Insurance Insurance Debt Property Taxes 213

Savings Corner

DECEMBER 25, 2023

Each payment includes a combination of principal and interest, as well as property taxes, and, if needed, mortgage insurance. Principal is the original amount of money you borrowed while interest is what you’re being charged to borrow the money. How do mortgage rates work?

Re-use 52

Re-use Economy Homeowner Insurance Insurance 52

Savings Corner

DECEMBER 27, 2023

When you finance the purchase of a home, for example, they include the cost of the home appraisal and home title searches that lenders require. The next section shows a breakdown of typical closing costs, including fees for the home appraisal, title insurance and loan origination, as well as property taxes and home insurance premiums.

Calculators 52

Calculators Property Taxes Insurance Illinois 52

Savings Corner

APRIL 4, 2024

While you can’t cash out all of your home’s equity, the process gives you access to a larger sum of money without needing to sell your home. You can use this money for any purpose, including home remodeling , consolidating higher-interest debt , college tuition and other financial needs. Is a cash-out refinance right for you?

Refinancing 52

Refinancing Work Debt Home Improvement 52

Family Balance Sheet

APRIL 11, 2020

Like many across the globe, my family’s finances are a bit unstable due to the Coronvius Pandemic. However, reality set in on April 1st and I’m now second-guessing that we have enough money set aside, so I have set into motion some strategies to prepare for the unstable economy and any lost income ahead.

Budgeting 246

Budgeting Budget Family Debt 246

Savings Corner

DECEMBER 24, 2023

Check your credit score Your credit score will help you determine your financing options; lenders use it (among other factors) to set the terms and rates of your loan. Hire a real estate agent An experienced real estate agent can save you time and money by helping you find the right home and negotiating with the seller on your behalf.

Real Estate 52

Real Estate Buy Buying Credit 52

Prairie Eco-Thrifter

JULY 13, 2014

They might include things such as fees charged for obtaining a mortgage; cost of home inspections; homeowner’s insurance; title insurance and settlement fees; property taxes or transfer taxes. Deductible closing costs include points or prepaid interest on your mortgage and your share of the prorated property taxes.

Real Estate 186

Real Estate Taxes Insurance Property Taxes 186

The Frugal Girl

MARCH 4, 2024

How did you get interested in saving money? I learned to save money by watching my parents. (I Although my parents never specifically taught me about finances, they lived a frugal life by necessity. What’s the “why” behind your money-saving efforts? There are a few “whys” for me.

Green And Frugal 179

Green And Frugal Kids and Family Hotel Frugal 179

Savings Corner

APRIL 4, 2024

To refinance a mortgage, you’ll pay between 2 and 5 percent of the loan amount in closing costs, so if you’re refinancing to save money, you’ll need to calculate your break-even point. This increases your mortgage debt but gives you money that you can invest or use to fund a goal, like a home improvement project.

Refinancing 52

Refinancing Work Debt Financial Goals 52

Savings Corner

APRIL 4, 2024

Key takeaways Determine how much you need before you apply to avoid requesting more money after you’re approved or borrowing more than you need. They may ask for copies of utility bills, lease or rental agreements, property tax bills or credit card statements as proof of address.

Debt 52

Debt Credit Cards Credit Home Improvement 52

Family Balance Sheet

JUNE 22, 2020

Financially speaking, he focuses on building the business and I focus on managing our home and finances. As hard as it was to do, we stopped contributing to our retirement for about three years and applied that money to these loans. My grocery strategies: How to Save Money on Groceries. We increased our income.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

JUNE 8, 2018

Do you feel like you have more month than money? Do you look at your bank account and wonder, “where did all the money go?” Many years ago, our cash flow sucked, we put Christmas on a credit card, and I wasn’t sure how I was going to pay for a large tax bill. ” We’ve been there too.

Budgeting 133

Budgeting Budget Financial Goals Goals 133