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How to Overcome an Addiction Without Breaking the Bank: Key Tips to Follow

Koupon Karen

Addictions can lead to job loss, strained relationships, legal issues, and health problems, all of which come with their expenses. So, while seeking cost-effective solutions is necessary, prioritize your well-being and seek professional help if needed. Overcoming addiction doesn’t have to come at a high cost.

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Buying a Home With the Help of Mortgage Insurance

Prairie Eco-Thrifter

Private mortgage insurance , orPMI, protects the lender and investor from loss, not the borrower. As you consider all the facets of being a homeowner and how it will affect your financial well-being, consider this: MI is not only a requirement for people with less than 20% to put down, it’s actually affordable.

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Are You Prepared For An Emergency?

Prairie Eco-Thrifter

This emergency might be one related to a natural disaster, or it might be a financial emergency, such as a job loss. Know where these items are, and make sure other family members know as well. If you can get to it, the right safe will protect the information from floods and fires, as well as other disasters.

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

And there are tons of other benefits as well. Saving on Interest You will be decreasing your debt as well as the amount you’ll pay in interest over time, which is a good thing. It reduces the overall time that the interest will accrue as well as the balance on which it is calculated.

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Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

If you lose your job, or encounter another financial setback, 30% of your income might be too much to handle for a mortgage payment — especially if you have other debt. Markets and economic conditions change as well. The market might not return what you expect each year.

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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

Well, we made it and here are some of the surprising things I found out about having a few millions. Knowing I had the financial backing to live through negative life events (divorce, job loss, catastrophe, etc) removed a level of stress from my life. You still want to do your best at work.

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Top Tips for Strengthening Your Money Mojo

Prairie Eco-Thrifter

You want to be able to contribute to investment accounts and build up a solid savings to get you through an emergency or unexpected job loss. If you adhere to these three tips, you are well on your way to enhancing your money mojo. It is about making sure we are being responsible and smart with our money.

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